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Two Republican lawmakers in the Ohio legislature are proposing a constitutional amendment designed to cap property tax increases.

According to the Columbus Dispatch, Reps. Beth Lear and Scott Wiggam proposed the amendment that would limit property tax increases to the prior year’s inflation rate or 4%, whichever is lower. The amendment would use the 2023 property tax payments for its base rate.

As an example of how the amendment would work, if a house with an appraised valuation of $400,000 in tax year 2025 had a property tax payment of $4,000 in 2023, the tax payment could not be more than $4,160 under the amendment – the figure comprises the 2023 tax payment of $4,000 added with $160, or 4% of $4,000.

Wiggam said the amendment wound guarantee property tax increases would not impact homeowners severely in the wake of Ohio’s property value increases.

“Our property tax system is a broken system in the state of Ohio and property taxpayers must be protected,” he said.

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