To amend sections 319.302, 323.152, and 4503.06 of the Revised Code to modify the computation of the owner-occupancy property tax rollback and the applicability of the nonbusiness property tax rollback.
Summary
HB273 would revise Ohio’s property tax rollback provisions for owner-occupied homes and certain manufactured or mobile homes. The bill changes how the 2.5% owner-occupancy rollback is calculated by replacing the current formula with a flat reduction equal to $75 plus 12.5% of the taxes levied by qualifying levies after the general property tax reduction is applied. It also updates the related nonbusiness property tax rollback language so that the rollback applies to qualifying real property and certain manufactured homes, while preserving existing rules for homestead-related reductions and special categories such as disabled veterans and surviving spouses.
The bill also makes conforming changes to the manufactured and mobile home tax statutes. It ties the rollback treatment for manufactured homes taxed as real property or under the manufactured home tax system to the revised rollback formula, and it clarifies how the reductions interact with tax lists, delinquent tax procedures, valuation, and collection rules. The effective-date section states that the changes would apply to real property tax years ending on or after the effective date and to manufactured home tax years beginning on or after the effective date.
Impact
HB273 would amend sections 319.302, 323.152, and 4503.06 of the Revised Code, changing the calculation of the owner-occupancy property tax rollback and the applicability of the nonbusiness rollback to qualifying homesteads and manufactured/mobile homes. In practical terms, county auditors and treasurers would need to apply a new rollback formula, and taxpayers receiving the owner-occupancy reduction would see their tax savings computed differently than under current law. The bill also makes technical and cross-reference changes to align the homestead and manufactured-home tax provisions with the revised rollback structure.
Sentiment
There is no recorded committee testimony or vote history in the provided materials, so the bill’s sentiment cannot be measured from debate or roll-call data. Based on the text alone, the bill appears to be a technical but substantive tax-policy adjustment focused on how a long-standing property tax reduction is calculated and applied. Because it was introduced and referred to the House Ways and Means Committee, it appears to be in an early stage of consideration.
Contention
The main point of potential contention is the fiscal and distributional effect of changing the rollback formula. Supporters would likely view the bill as a simplification or modernization of the owner-occupancy rollback, while opponents could argue that altering the formula changes the amount of tax relief homeowners receive and may shift revenue burdens onto local taxing authorities or other taxpayers. Another possible issue is the bill’s treatment of manufactured and mobile homes, since changes in rollback applicability can affect owners differently depending on whether a home is taxed as real property or under the manufactured home tax system.
To amend sections 3517.12, 3517.13, and 3517.155 of the Revised Code to modify the Campaign Finance Law regarding foreign nationals and statewide initiatives and referenda and to declare an emergency.
To amend sections 3505.01 and 3505.10 of the Revised Code to modify the deadline for a political party to certify its nominees for President and Vice-President to the Secretary of State.
To amend sections 3517.12, 3517.13, and 3517.155 of the Revised Code to modify the Campaign Finance Law regarding foreign nationals and statewide initiatives and referenda and to declare an emergency.
To delay the deadline for a major political party to certify its presidential and vice presidential candidates to the Secretary of State for the 2024 general election.