News + updates + recent press
Ohio House Bill 17 Reduces Real Property Taxes for the Surviving Spouse of an Officer Killed in the Line of Duty
House Bill 17 allows a homestead both owned and occupied by the surviving spouse of a public service officer killed in the line of duty to have its property taxes reduced. A public service offer includes peace officers, firefighters, EMT’s, first responders and paramedics killed in the line of duty or by a fatal injury caused while in the line of duty. If the application for reduction, accompanied by a letter from a from a specific member of the agency for whom the public service officer was employed at the time of death is approved, the reduction will be applied for the tax year in which the public service officer dies through the tax year in which the surviving spouse also dies or remarries. The reduction shall be the equivalent of $50,000.00 of the value of the property multiplied by (a) the percentage established by the tax commissioner, not to exceed thirty-five per cent or (b) the effective tax rate used to calculate the taxes charged against the property for the current year. Such a reduction will only apply to one homestead owned and occupied by the surviving spouse. House Bill 17 has passed both the Ohio House and Senate and now awaits signature.
PLG BLOG DISCLAIMER
The information contained on this blog shall not constitute legal advice or a legal opinion. The existence of or review and/or use of this blog or any information hereon does not and is not intended to create an attorney-client relationship. Further, no information on this blog should be construed as investment advice. Independent legal and financial advice should be sought before using any information obtained from this blog. It is important to note that the cases are subject to change with future court decisions or other changes in the law. For the most up-to-date information, please contact Padgett Law Group (“PLG”). PLG shall have no liability whatsoever to any user of this blog or any information contained hereon, for any claim(s) related in any way to the use of this blog. Users hereby release and hold harmless PLG of and from any and all liability for any claim(s), whether based in contract or in tort, including, but not limited to, claims for lost profits or consequential, exemplary, incidental, indirect, special, or punitive damages arising from or related to their use of the information contained on this blog or their inability to use this blog. This Blog is provided on an "as is" basis without warranties of any kind, either express or implied, including, but not limited to, warranties of title or implied warranties of merchantability or fitness for a particular purpose.
Padgett Law Group and Padgett Law Group EP are D/B/As of Timothy D. Padgett, P.A. Timothy D. Padgett, P.A.'s practice areas include creditors' rights, estate planning and probate, real estate transactions and litigation. Not all practices or services are available in all states in which Timothy D. Padgett, P.A. practices.