Ohio Bill Would Raise Homestead Property Tax Exemption

Ohio senior citizens could save more on their property taxes and that savings could grow if inflation increases under a bill proposed in the Ohio House.

House Bill 207 would raise the state’s homestead exemption by more than $6,000 for elderly or disabled homeowners, tie the exemption to any increase in inflation and increase the income threshold for the exemption, all moves necessary to keep seniors in their homes, according to Rep. Daniel Troy, D-Willowick.

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