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Ohio Proposes Property Tax Cap | Columbus News
Ohio lawmakers are pushing a bold new plan to cap property tax hikes at 3% annually—tied to inflation—to shield homeowners from sudden, steep bills when neighborhood values soar. Though past efforts like tax credits and inflation-linked rates have fallen short, this constitutional amendment aims to offer long-term stability for residents stuck paying more just because their homes appreciate. With a May 2027 ballot date looming and a daunting 60% approval hurdle in both chambers, the proposal faces steep odds—but could deliver crucial relief if home values surge again. Listen in comfort:Get a…
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