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Ohio committee backs property-tax cap with $360 million school backfill, tables owner-occupancy restriction
Summary
The Ohio House Ways and Means Committee advanced House Bill 186, which caps property-tax growth at inflation beginning in 2026 and directs roughly $360 million from the sales tax holiday fund to backfill school revenue until the next revaluation. An amendment to limit the credit to owner-occupied and agricultural property was tabled 8–4.
The Ohio House Ways and Means Committee on March 1 favorably reported House Bill 186 after accepting amendments that keep an inflation-based cap on property-tax increases and direct state dollars to limit near-term revenue losses for school districts.
The committee approved an amendment that preserves the bill's core inflation cap, with that cap to take effect in 2026, and accepted language that uses about $360 million from the sales tax holiday fund to "backfill" schools until each district's next property revaluation. Vice Chair Representative Thomas, who explained the amendment, said, "The core of the bill stays the same with the inflation cap starting in 2026 on second half bills." He added that the funding would come from the sales tax holiday fund.
Why it matters: The bill…
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