Ohio’s issues with its property tax reform will likely be solved later despite the struggle of homeowners.
It is also said that solutions for the issue with the property tax reform will likely take months. (Photo: Investopedia)
The Property Tax Reform In Ohio
Lawmakers in Ohio are unlikely to take immediate action on property tax reform despite complaints from homeowners struggling to afford higher bills. Various proposals involving property tax reform were put forward last year as property values increased.
Property tax reform is also subjected to other factors such as school funding rules and voter decisions on additional funding for institutions like zoos and libraries. Republicans and Democrats agree that Ohio’s property tax system regarding property tax reform is complex and in need of examination.
But finding a solution for the issues about the property tax reform could take months and it is unclear if taxpayers will receive any relief in the meantime. A committee has been formed to study the issue of property tax reform and suggest potential policy fixes.
According to a published article by SmartNews, ideas for the property tax reform such as addressing housing and implementing a circuit breaker to provide state aid to those who struggle with property taxes are already being discussed.
Rent Regulation Ban In Georgia
In a published article by Atlanta Civic Circle, Georgia’s ban on rent regulation is expected to remain in place this year as a bill aiming to lift the ban is unlikely to pass without a committee hearing.
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