Rents may go up in Ohio if DeWine signs property tax bill, critics say

AI-assisted summary

A new Ohio bill aims to provide property tax relief to homeowners but could negatively impact renters.

The bill would increase a tax credit for owner-occupied homes while eliminating one that benefits some landlords.

Housing investors argue they will be forced to raise rents to cover the increased tax liability.

Proponents of the bill say it ensures tax relief goes to Ohioans living in their homes, not large investors.

A plan to provide homeowners with property tax relief could hurt another subset of Ohioans: renters.

Housing providers say they'll be forced to raise rents if Gov. Mike DeWine approves House Bill 186, one of four property tax bills that lawmakers passed before Thanksgiving. The bill primarily aims to limit tax increases, but a last-minute addition