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OH HB286
Bill
Status
Introduced
9/29/2009
Primary Sponsor
John Domenick
Click for details
AI Summary
- Enacts section 5709.30 of the Revised Code to create a tax exemption for home improvements on single-family, two-family, or three-family dwellings
- Exempts assessed value increases greater than $5,000 caused by improvements from real property taxation
- Exemption applies for five consecutive tax years beginning with the first tax year the improvement appears on the tax list
- Exemption applies only to improvements that would first appear on the tax list after the effective date of the bill
Legislative Description
To exempt from real property taxation home improvements greater than $5,000 for five years.
Property tax exemption-home improvements over $5,000
Last Action
To Ways & Means
9/29/2009
Full Bill Text
No bill text available