09/12/2025 | Press release | Distributed by Public on 09/12/2025 08:09
The OMA's Tax Committee met this week to discuss the potential impacts of a citizen-led ballot initiative that would eliminate property taxes in Ohio. The committee heard from Citizens for Property Tax Reform, the group pushing for the ballot initiative, while a top public finance expert separately provided an analysis of the significant fiscal impact of a $21 billion revenue loss, which would primarily impact schools and local governments.
Committee discussion indicated that a total elimination of property taxes would likely force legislators to inflict new tax burdens on manufacturers. 9/10/2025