Summary
An Ohio Republican senator, Louis Blessing, proposed a plan to tax only land value instead of the structures on it. This proposal comes amid high property taxes in Ohio, which have been rising significantly. The plan suggests a constitutional amendment and seeks to simplify how taxes are imposed, potentially relieving homeowners' financial burden.
Key Facts
- Ohio Senator Louis Blessing proposed taxing land value, not property structures.
- The proposal is called Senate Joint Resolution 7.
- Property taxes in Ohio increased by 23% from 2019 to 2023.
- The resolution aims to amend Article XII of the Ohio Constitution.
- Ohio is the eighth highest in the U.S. for property tax burden.
- Governor Mike DeWine rejected previous similar proposals from other Republican lawmakers.
- There is a volunteer effort, AxOHTax, aiming to abolish property taxes.
- A supermajority in both legislative chambers is needed for the proposal to proceed to voters.
