Ohio lawmakers approved a package of bills aimed at easing rising property taxes by expanding homeowner credits and capping future tax increases. The legislation boosts the rollback for owner-occupied homes, phases out the nonbusiness credit that also benefits rental properties, and ties major drivers of tax growth, such as inside millage and school district levies at the 20-mill floor, to inflation.

Lawmakers also granted county budget commissions limited authority to reduce excess levies and broadened the calculation of the 20-mill floor to slow revenue growth and temper tax spikes. Altogether, the changes are projected to deliver more than $2 billion in homeowner relief while shifting some costs to the state and limiting local revenue growth. Lawmakers say the relief could also reduce pressure for a 2026 ballot initiative that would eliminate income taxes and leave schools and local governments without funding. 11/20/2025