Ohio2026Passed Legislature
HB129
HB129: Limits on Changing School Property Tax Rates
Last scannedAug 25, 2026, 4:32 AM
In one sentence
This law changes how Ohio school districts calculate their minimum property tax rates by including fixed-sum levies in the calculation and sets new rules for these taxes.
What it does
- Includes fixed-sum levies in the calculation of a school district's millage floor.
- Authorizes school districts to use fixed-sum levies with specific limitations.
- Amends existing state laws regarding tax reductions and property classifications.
Who it affects
- Ohio school districts
- County auditors who calculate taxes
- The Ohio Tax Commissioner
Limits and unknowns
- The provided text does not list the specific dollar limits for fixed-sum levies.
- The full details on how these rules interact with other tax laws are cut off in the source excerpt.
- Exclusions from certain calculations apply only to taxes approved by voters before January 1, 2026.
Plain language
Terms to know
- Fixed-sum levy
- A tax set to produce a specific dollar amount rather than a fixed rate.
- Millage floor
- The minimum level of property taxes that must be collected before reductions apply.
Official record
Sources
Official summary
Limit ability to reallocate certain school property tax millage
Official activity
Bill history
- As Introduced