New property tax laws go into effect in Ohio

In March 2026, Ohio implemented a major reform to its property tax system.

This change follows a package of bills signed by Governor Mike DeWine, designed to stop the sharp, automatic tax increases that many residents faced after the pandemic.

A core part of these reforms is the new "inflation cap," which prevents tax revenue from growing faster than the rate of inflation.

Additionally, the state is increasing tax credits for homeowners who live in their own houses, while gradually removing credits for rental properties and vacant land.

These laws also change how school levies work, closing loopholes that previously allowed for unvoted tax spikes.

Furthermore, county auditors now have more oversight regarding property valuations to ensure fairness.