Akron Beacon Journal Editorial Board Urges DeWine to Reject House Bill 126

A business-friendly bill that may be headed to the Ohio governor soon is a bad deal for average homeowners. We urge Gov. Mike DeWine to reject the bill. 

House Bill 126 was passed along party lines in the Ohio Senate and needs to go back to the House for concurrence. According to its title, it aims to “limit the manner by which local governments may contest property values.” 

Well, that sounds perfect to the business groups backing it, but government likely would find it difficult to collect what it’s rightfully owed. Other taxpayers, including homeowners, would be forced by law to make up the difference for schools and other entities dependent on property taxes. 

Why? If the value of a major piece of property is lowered or kept artificially low, the tax burden for a school levy approved for a specific dollar amount is spread across the remaining property owners. 

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