Senior and Disabled Property Tax Homestead Exemption

State

Ohio

Year

2007

Variations in Receipt of Benefit

No Variation in Receipt of Benefits

Benefit Type

Exemption

Benefit

The benefit is a flat exemption of $25,000 of the market value of an eligible homestead.

How is Benefit Disbursed

Exemption from assessed value

Eligible Property Type

Residential

Characteristics of Eligible Property

Eligible property includes up to 1 acre associated with the homestead. Manufactured homes are also eligible for this exemption.

Eligibility Criteria

Age

Disability

Homeowner

Surviving Spouse

Description of Eligibility Criteria

Eligibility is restricted to homeowners age 65 and older, or disabled, or at least 59 years of age and the surviving spouse of a deceased taxpayer who had previously received the exemption.

Local Option in Adoption of Program

Local government is unable to exercise an option

Local Option Regarding Program Features

No local option regarding program features

State Funding for Local Tax Loss

State reimburses all of the local government tax loss

Description of State Funding for Tax Loss

The state reimburses local governments for the cost of these tax credits.

Enrollment Data

$71,000,000

Record ID

OH101_RR07

Footnotes

Effective July 2, 2007, the income tests and tiered benefts no longer apply. The program now provides a flat $25,000 true value is exempt for qualified homeowners.

Sources

Ohio Rev. Code § 323.151 ~ § 323.157 (in effect for 2007)
Ohio Homestead Exemption Application (2009)
[http://www.tax.ohio.gov/divisions/communications/homestead_exemption_information.stm Accessed on 11/8/10]
View Archived Source
Laws of 2007, HB 119, 2007 Regular Session.

Join Our Mailing List

Back to top