HB 186: Regards school district property taxes, school funding formula
The bill aims to reduce school district property taxes by limiting increases in such taxes according to inflation. It also modifies property tax reductions for residential property and the process for certifying property tax abstracts. Furthermore, the bill makes an appropriation for the implementation of these changes. Additionally, it authorizes a reduction in school district property taxes by setting a millage floor, which will limit increases in such taxes.
| Mar. 20, 2026 | Effective Appropriations effective immediately |
| Dec. 19, 2025 | Signed By The Governor |
| Dec. 09, 2025 | Sent To The Governor |
| Nov. 19, 2025 | Concurred in Senate amendments |
| Nov. 19, 2025 | Introduced |
136th General Assembly
Substitute House Bill Number 186
AN ACT
To amend sections 319.301, 319.302, 323.08, 323.152, 323.155, 323.158, 4503.06, 4503.065, 4503.0610, 5715.16, and 5715.19 and to enact section 319.303 of the Revised Code to authorize a reduction in school district property taxes affected by a millage floor that would limit increases in such taxes according to inflation, to modify property tax reductions for residential property, to modify the process for certifying property tax abstracts, and to make an appropriation.
Be it enacted by the General Assembly of the State of Ohio:
That sections 319.301, 319.302, 323.08, 323.152, 323.155, 323.158, 4503.06, 4503.065, 4503.0610, 5715.16, and 5715.19 be amended and section 319.303 of the Revised Code be enacted to read as follows:
Sub. H. B. No. 186
136th G.A.
The section numbering of law of a general and permanent nature is complete and in conformity with the Revised Code.
Director, Legislative Service Commission.
Filed in the office of the Secretary of State at Columbus, Ohio, on the ___ day of __________, A. D. 20___.
Secretary of State.
File No. __________ Effective Date _______________