OH HB673

Expands Ohio's owner-occupied homestead property tax credit to apply to all tax levies, removing the current limitation that restricts the credit to only "qualifying levies"

Maintains the existing phased-in reduction percentages: 5.70% in year one, 8.92% in year two, 12.15% in year three, and 15.38% in year four and thereafter

Preserves enhanced property tax reductions for seniors (65+), permanently disabled persons, disabled veterans ($50,000 true value exemption), and surviving spouses of public service officers killed in line of duty ($50,000 true value exemption)

Retains the income threshold of $30,000 for certain senior/disabled homestead exemptions, with annual adjustments based on the GDP deflator

Amends sections 323.152, 323.153, 323.156, 323.158, and 5747.85 of the Ohio Revised Code, effective for tax years ending on or after the act's effective date