Legislation
would restore state's homestead exemption
Columbus - State Sen. Lou Gentile (D-Steubenville)
and Rep. Nick
Barborak (D-Lisbon) called on the Ohio General Assembly
to pass legislation
to restore property tax relief to Ohio ’s senior citizens.
"Over the
summer I spent time traveling throughout my district and listening to my
constituents,” said Senator Gentile. “They were very clear—Ohio should
restore the homestead exemption to middle income Ohioans who will be turning
65.”
Republicans
made drastic changes to the homestead exemption provision during last minute
budget negotiations without any public input. Gentile’s Senate Bill 180 would
repeal the changes made to the homestead exemption in the state’s budget tax
plan.
“The new
eligibility requirements make the threshold too low putting thousands of
Ohioans who may be retired or living on fixed incomes in a bind.
As the cost of
living increases for Ohio’s senior s, the
state should take into consideration the impact this will have on their quality
of life,” Gentile said. It is estimated that at least 40,000 households will be
affected by the new eligibility requirements. The budget established that those
who are not yet 65 and who earn more than $30,000 would no longer qualify for
the homestead exemption.
“Our bill would repeal the arbitrary threshold and provide much needed property tax relief to thousands of Ohio’s seniors,” Gentile stated. “I am urging my colleagues to give this legislation serious consideration and make Ohio’s seniors a top priority.”
“Our bill would repeal the arbitrary threshold and provide much needed property tax relief to thousands of Ohio’s seniors,” Gentile stated. “I am urging my colleagues to give this legislation serious consideration and make Ohio’s seniors a top priority.”
That was great read for me, I want to read more on this topic, So i will be come back to your next post, Good luck!!!Sharon Bush
ReplyDelete