The resolution proposed by Senator Blessing seeks to amend Section 2 of Article XII of the Ohio Constitution and to enact a new Section 2b, which would authorize land value taxes in the state. If approved by voters in the general election on November 3, 2026, the amendment would allow political subdivisions and the state to levy taxes solely on land based on its true value, while exempting certain types of land such as those used for public schools, public worship, charitable purposes, and public use. The resolution also stipulates that no other land may be exempted from this tax, and it prohibits mechanisms that would lower land values or assess land at less than its true value.

If the proposal is adopted, the amended Section 2 and the new Section 2b would take effect on January 1, 2027, at which point the existing version of Section 2 would be repealed. The resolution emphasizes that the tax rate or revenue generated from the land value tax cannot be reduced by the state or any political subdivision, except for taxes they levy themselves. This change aims to create a uniform taxation system for land, potentially impacting local government funding and property tax structures in Ohio.

Statutes affected:
As Introduced: