Reforming property tax gains steam among Ohio legislators
A substitute bill, sponsored by state Rep. David Thomas, to limit unvoted property taxes collected by school districts has a tremendous amount of momentum in the General Assembly as legislators work as quickly as possible to pass property tax reform. The bill would limit the revenue school districts can receive from what is known as the 20-mill floor to inflation. Thomas, R-Jefferson, who represents portions of Trumbull County, said the bill would save Ohio homeowners nearly $1.7 billion over the next three years, starting with the second half of the 2026 tax bill. The amendment, ...