State Rep. Brian Stewart | The Ohio House of Representatives
State Rep. Brian Stewart | The Ohio House of Representatives
The Ohio House of Representatives recently passed the Ohio Homeowners Relief Act, a significant step towards protecting Ohio citizens from the burden of rising property taxes. The legislation, co-sponsored by State Representative Brian Stewart, aims to modify the procedures used to calculate property valuations in order to make property tax assessments more accurate.
Under the Ohio Homeowners Relief Act, the assessment of property taxes will no longer rely solely on the most recent year of property values. Instead, the bill requires the Commissioner to consider the past three years of property taxes when determining property tax. This change is crucial, especially considering the substantial increase in property values since 2020.
Representative Brian Stewart emphasized the importance of this change, stating, "This change is needed as property values have skyrocketed since 2020, and I will always fight to protect Ohio families." By evaluating a county's property values over a three-year period, the legislation aims to provide a fairer and more accurate assessment of property taxes.
In addition to the Ohio Homeowners Relief Act, Representative Stewart also co-sponsored House Bill 33, the Ohio state budget. This bill includes a provision that automatically increases Ohio's Homestead Exemption to combat inflation. The increased Homestead Exemption will provide further property tax relief for elderly Ohioans and disabled veterans, ensuring that they are not burdened by the rising costs.
The Ohio Homeowners Relief Act has now moved to the Senate for further consideration. If passed, this legislation will bring much-needed relief to Ohio homeowners by addressing the challenges posed by rising property taxes. By evaluating property values over a longer period and providing additional exemptions, Ohioans will have greater protection and fairness in property tax assessments.
As the bill moves forward in the legislative process, it is clear that Representative Brian Stewart is dedicated to fighting for the best interests of Ohio families. His co-sponsorship of both the Ohio Homeowners Relief Act and House Bill 33 demonstrates his commitment to ensuring that Ohioans are protected from the financial strain of rising property taxes.
To learn more, click on this link: https://ohiohouse.gov/members/brian-stewart/news/stewart-co-sponsors-legislation-to-protect-ohioans-from-rising-property-taxes-117101