08/21/2024

Senate Bill 244

Lead Sponsors: Senator Michele Reynolds and Senator Hearcel Craig

Status: Second hearing in Senate Ways and Means (June 25, 2024)

Description: The bill allows counties (as well as municipalities and limited home rule townships) to establish temporary zones where certain homeowners may apply for a partial property tax exemption. The zones can be authorized for up to ten years but can be renewed.

The bill does not include a mechanism for taxing entities to be reimbursed for the lost revenue due to the exemptions.

CCAO Position: No position (as of July 2024)

Notes: The Franklin County Auditor and the Ohio Municipal League both provided proponent testimony.