Bill Text: OH HB286 | 2009-2010 | 128th General Assembly | Introduced
Bill Title: To exempt from real property taxation home improvements greater than $5,000 for five years.
Spectrum: Partisan Bill (Democrat 6-0)
Status: (Introduced - Dead) 2009-09-29 - To Ways & Means [HB286 Detail]
Download: Ohio-2009-HB286-Introduced.html
|
|
Representative Fende
Cosponsors:
Representatives Letson, Harwood, Williams, B., Domenick, Yuko
| To enact section 5709.30 of the Revised Code to | 1 |
| exempt from real property taxation home | 2 |
| improvements greater than $5,000 for five years. | 3 |
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
| Section 1. That section 5709.30 of the Revised Code be | 4 |
| enacted to read as follows: | 5 |
| Sec. 5709.30. An increase in the assessed value of a | 6 |
| single-family, two-family, or three-family dwelling greater than | 7 |
| five thousand dollars, caused by an improvement, that would | 8 |
| otherwise first appear on the tax list of real and public utility | 9 |
| property after the effective date of this section as enacted by | 10 |
| ......... of the 128th general assembly is exempt from taxation | 11 |
| for the first tax year for which it would appear on the tax list | 12 |
| and for the four ensuing tax years. | 13 |
