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Ohio House passes bill to adjust school levy calculations, aiming to limit unvoted property-tax spikes
Summary
The Ohio House on Oct. 8 passed substitute House Bill 129 to require certain levies be included in the calculation of a school district's 20-mill floor, a change sponsors say will limit sudden, unvoted tax increases in roughly one-third of districts.
The Ohio House of Representatives on Oct. 8 passed substitute House Bill 129, a measure that will change how some school levies are counted when determining a district’s 20-mill floor and aims to curb sudden, unvoted property-tax increases.
Supporters said the bill corrects a technical problem that contributed to sharp tax increases for some property owners. “This bill addresses a critical issue in our state system of school funding and taxing our residents,” Representative Romer said on the House floor, describing a recent case of an elderly widow who faced an unexpected tax spike. Romer said the change was recommended in the governor’s property-tax…
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