Bill would limit taxable value of pre-residential subdivisions

By Erich Hiner, OACB
Published Monday, November 27, 2017 3:00 pm

A bill being considered by the Ohio House of Representatives would prevent government entities from collecting property taxes on the increased value of land subdivided for future housing development.

Ohio HB 371 (sponsored by Rep. Derek Merrin – Fulton and Lucas counties) would exempt the increased value of land subdivided for residential development from property taxation until residential construction begins or the land is sold. Before construction begins, the land would only be taxable at its pre-subdivision value. The land's increased value would only be taxable after the construction of homes—not roads or utility lines—commenced.

OACB is concerned that HB 371 would prevent county boards of DD from collecting property taxes based on the land's current value or use. The County Commissioners Association of Ohio and the Ohio School Boards Association join OACB in opposing this bill. We will provide updates to members in future editions of the PolicyBrief.

Members with questions about this topic should contact Rick Black ( at 614-431-0616.

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