OH HB85

Establishes a new "disabled veteran" classification for military veterans with 100% service-connected disability ratings under federal regulations, requiring documentation from the U.S. Department of Veterans Affairs.

Provides disabled veterans a homestead real property tax reduction equal to 50% of the true value of their property (compared to 25% for other eligible persons), based on the property's assessment percentage and effective tax rate.

Extends the disabled veteran homestead tax reduction to surviving spouses who occupy the homestead when the veteran dies, continuing through the year the surviving spouse dies or remarries.

Applies the enhanced reduction to only one homestead owned and occupied by a disabled veteran and makes it in lieu of other available reductions under existing law.

Extends comparable manufactured and mobile home tax reductions to disabled veterans with the same 50% property value benefit and surviving spouse protections.