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Ohio Bill Would Cut Seniors’ Property Taxes by 50%, Regardless of Income

Ohio Bill Would Cut Seniors’ Property Taxes by 50%, Regardless of Income

by Phil Hall | May 30, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new bill has been introduced in the Ohio legislature that would enact a 50% reduction in the property tax of any homeowner age 65 or older, regardless of income. Vindy.com reports the bill authored by State Sen. Al Cutrona (R-Canfield) would come in addition to the...
Buffalo Council Approves 8% Property Tax Hike

Buffalo Council Approves 8% Property Tax Hike

by Phil Hall | May 28, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Common Council in Buffalo, New York, voted 6-2 to pass an amended $622 million city budget that includes Acting Mayor Christopher Scanlon’s proposed 8% property tax increase. WGRZ reports the budget increases municipal spending by 1%. The budget also...
Greece Considers Penalty Tax on Property Owners of Vacant Homes

Greece Considers Penalty Tax on Property Owners of Vacant Homes

by Phil Hall | May 28, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Greek government is proposing a new measure that would address the nation’s housing crisis by taxing property owners who refuse to put their vacant homes up for rent or sale. Tovima.com reports the measure would apply a new tax on property owners who refuse to...
Iowa’s Gov. Reynolds to Focus on Property Tax Reform Over Income Tax Elimination

Iowa’s Gov. Reynolds to Focus on Property Tax Reform Over Income Tax Elimination

by Phil Hall | May 27, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Iowa Gov. Gov. Kim Reynolds is putting her proposed elimination of the state’s income tax on the back burner while focusing on property tax reform in the 2026 legislative session. Iowa Capital Dispatch reports Reynolds, who is not seeking re-election next year, has...
Ohio Bill Would Cut Seniors’ Property Taxes by 50%, Regardless of Income

Michigan Lawmakers Consider Bill to Eliminate Property Taxes for Seniors

by Phil Hall | May 19, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A new bill has been introduced in the Michigan legislature that would exempt the state’s seniors from having to pay property taxes. The Alpena News reports Senate Bill 292 introduced by State Sen. Michele Hoitenga would allow homeowners ages 70 and older to file to...
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