The bill, introduced by Representatives Daniels and Workman, seeks to amend sections 323.131 and 4503.06 of the Revised Code and enact section 5705.171, with a primary focus on enhancing transparency in property tax obligations. It mandates that tax rates on tax bills and ballot language be expressed as a percentage of true value, in addition to the traditional mills format. Specifically, tax bills must include the effective tax rate in both formats, with the term "effective tax rate" highlighted in boldface type. This requirement extends to tax bills for manufactured or mobile homes, ensuring that property owners have clear and accessible information regarding their tax responsibilities.

Additionally, the bill introduces new provisions for the taxation of manufactured and mobile homes, particularly concerning travel trailers and park trailers that remain in one location for over thirty days and are connected to utilities. It outlines the conditions for taxation, exemptions, payment schedules, and penalties for late payments, while also establishing a process for managing delinquent taxes. Starting January 1, 2026, any election notice or ballot language regarding real property tax millage must express the proposed tax as a percentage of true value, with the secretary of state responsible for creating the necessary forms. The bill also repeals the existing sections 323.131 and 4503.06, signifying a comprehensive update to the legal framework surrounding manufactured home taxation.

Statutes affected:
As Introduced: 323.131, 4503.06