OH HB608

Property owners without delinquent taxes may apply to pay property taxes in 4 or 12 monthly installments instead of the standard semi-annual payments (December 31 and June 20), with contracts voided if payments are missed

Tax bill mailing requirements extended from 20 days to 30 days before payment due dates, with automatic extension of payment deadlines if bills cannot be mailed in time

County auditors given discretion to distribute unexpended real estate assessment fund balances either ratably to taxing authorities or equally to property owners receiving the homestead exemption (if over $5,000 remains)

Taxing authorities may reduce, terminate, or waive renewal of an existing local tax (property, income, sales/use) if voters approve a new or renewed tax, with combined ballot questions reflecting both actions

Pre-residential development property tax exemption period extended from 8 years to 10 years for subdivided parcels awaiting residential construction