House Bill 371
Exempt increased value of subdivided land until building starts
Show Long Title
Long Title: To enact section 5709.51 of the Revised Code to exempt from property taxation the increased value of land subdivided for residential development for eight years or until construction commences or the land is sold.
Version: As Reported by the House Ways and Means Committee
Rep. Schaffer, Rep. Seitz, Rep. Lang, Rep. Kick, Rep. Becker, Rep. Vitale, Rep. Riedel, Rep. Brinkman, Rep. Romanchuk, Rep. Keller, Rep. Hood, Rep. Zeltwanger, Rep. Dean, Rep. Goodman, Rep. Householder, Rep. Retherford
Housing and Real Property, Taxation
House Rules and Reference, House Ways and Means