Columbus - 

State Representative Mark Romanchuk (R-Ontario) has announced that the Ohio House of Representatives today passed House Bill 85, legislation to enhance the homestead exemption for military veterans who are 100 percent disabled from a service-related disability.


House Bill 85 increases the amount of the exemption from $25,000 to $50,000 for those veterans who are permanently and totally disabled. It also ensures that county veteran service commissions do not lose funding from the loss of property tax revenue and exempts disabled veterans from means testing.


“This legislation brings the State of Ohio up to speed with the rest of the states in terms of providing property tax relief to our disabled veterans,” Rep. Romanchuk said. “I’m glad to support this bill as it will help veterans living in Richland County.”


According to the National Conference of State Legislatures, 47 other states provide some property tax relief for veterans who are completely and permanently disabled. The U.S. Department of Veterans Affairs estimates that there are approximately 8,000 permanently disabled veterans in Ohio who meet the service-related disability requirement for tax exemption under the bill.


House Bill 85 will now move to the Ohio Senate for further consideration.

 
 
 
  
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