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. 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 worship, education, and charitable purposes. The resolution 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 approved by voters in the general election on November 3, 2026, the changes would take effect on January 1, 2027, repealing the existing version of Section 2 of Article XII. The resolution emphasizes that the tax rate or revenue generated from this land value tax cannot be reduced by the state or any political subdivision, except for taxes they levy themselves. This proposal aims to create a uniform taxation system for land, potentially impacting local government funding and property tax structures in Ohio.

Statutes affected:
As Introduced: