General Assembly

131

Short Title

Revises tax valuation of agricultural land 
Show Long Title
Long Title To amend sections 5713.31, 5713.34, and 5715.01 of the Revised Code to require that the computation of the capitalization rate for the purposes of determining CAUV of agricultural land be computed using a method that excludes appreciation and equity buildup and to stipulate that CAUV land used for a conservation practice or enrolled in a federal land retirement or conservation program for at least three years must be valued at the lowest of the values assigned on the basis of soil type.

Version

As Introduced

Legislation Text

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Committees

Senate Ways and Means Committee
 
 

Primary Sponsors

Cliff Hite
 

Cosponsors

SENATORS
Capri S. Cafaro
Randy Gardner
Bob Peterson
 
 
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