โ๏ธ HB215
Prohibit property tax levies from taking effect in current year
Current Status: In House Committee (Ways and Means)
Summary
The bill prohibits most property tax levies submitted at a general election from taking effect in the current tax year. It applies to qualifying property taxes and outlines exceptions for certain taxes, such as those levied by taxing units in fiscal caution or emergency. The amendment will take effect for general elections held in the first calendar year after the bill's effective date and for all subsequent elections.
Rationale
The bill aligns with the Libertarian Party of Ohio's platform by limiting government taxation authority, which supports property rights and economic freedom. However, it may conflict with the Libertarian Party's broader principles of minimal government intervention, leading to a mixed alignment score for the LP.
Risks and Concerns
- Potential reduction in local government funding
- Impact on public services reliant on property tax revenue
