Ohio Adopts 5 New Property Tax Reforms

Governor Mike DeWine has signed into law a package of property tax reform legislative measures that will impact local governments and schools’ options to generate revenue for community programs. Those bills include:

• HB 124 – Property Tax - Thomas, D. Hall, T. - To modify the process for making property tax sales-assessment ratio studies. - Signed: December 19, 2025, Effective: 90 days
• HB 129 – School District Millage - Thomas, D. - To generally include fixed-sum levies in the calculation of a school district's millage floor and to authorize, with limitations, school district fixed-sum levies. - Signed: December 19, 2025, Effective: 90 days
• HB 186 – School District Revenue - Hoops, J. Thomas, D. - To authorize a reduction in school district property taxes affected by a millage floor that would limit increases in such taxes according to inflation, to modify property tax reductions for residential property, to modify the process for certifying property tax abstracts, and to make an appropriation. - Signed: December 19, 2025, Effective: 90 days 
• HB 309 – County Budget Commissions and Property Tax - Thomas, D. - To modify the law governing county budget commissions and property taxation. - Signed: December 19, 2025, Effective: 90 days 
• HB 335 – Property Tax Overhaul - Thomas, D. - To limit revenue increases from inside millage levies occurring due to a reappraisal or update. - Signed: December 19, 2025, Effective: 90 days 

The Ohio Council will keep members informed of any presenting impacts of these changes, or future actions related to property tax reforms.