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As Passed by the House
123rd General Assembly
Regular Session
1999-2000 | Am. Sub. S. B. No. 6 |
SENATORS ARMBRUSTER-JOHNSON-DiDONATO-DRAKE-BLESSING-
BRADY-CARNES-CUPP-FINGERHUT-HOTTINGER-LATELL-LATTA-NEIN-
OELSLAGER-SPADA-WATTS-WHITE-KEARNS-WACHTMANN-SCHAFRATH-
HERINGTON-GARDNER-
REPRESENTATIVES HOUSEHOLDER-MOTTLEY-JOLIVETTE-
JERSE-BARNES-BRITTON-HOLLISTER-PERRY-DISTEL-GRENDELL-NETZLEY-
AUSTRIA-HOOD-CALLENDER-OGG-HEALY-BATEMAN-BUCHY-CATES-D.MILLER-
WILLAMOWSKI-TERWILLEGER-TIBERI-AMSTUTZ-OLMAN-COUGHLIN-DAMSCHRODER-
BUEHRER-MYERS-STAPLETON-ROBERTS-CAREY-BENDER-ROMAN-JAMES-WILSON-
HOOPS-METZGER-HARRIS-KILBANE-HARTNETT-CALVERT-LOGAN-FLANNERY-
EVANS-HAINES-MEAD-TRAKAS-O'BRIEN-GOODMAN-PRINGLE-JONES-PERZ-
VESPER-SCHULER-WINKLER-KRUPINSKI-SULLIVAN-MAIER-KREBS-
PADGETT-SUTTON-VERICH-SCHURING-BARRETT-THOMAS-DePIERO-
SULZER-FERDERBER-SALERNO-YOUNG-PETERSON-CLANCY-BRADING
A BILL
To amend sections 323.151, 323.152, 4503.064, and 4503.065 of the Revised Code
to modify the homestead exemption by increasing the income
eligibility brackets, indexing those brackets to inflation, indexing the
maximum tax reduction amounts to inflation, and
maintaining the disability deduction for elderly persons who
previously qualified for the exemption on the basis of a
disability.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
Section 1. That sections 323.151, 323.152, 4503.064, and 4503.065 of the
Revised Code be amended
to read as follows:
Sec. 323.151. As used in sections 323.151 to 323.157 of
the Revised Code:
(A) "Homestead" means a dwelling, including a unit in
a multiple-unit dwelling and a manufactured home or
mobile home taxed as real property pursuant to division (B) of
section 4503.06 of the Revised Code, owned and
occupied as a
home by an individual whose domicile is in this state and who has
not acquired ownership from a person, other than the
individual's spouse,
related by consanguinity or affinity for the purpose of
qualifying for the real property tax reduction provided in
section 323.152 of the Revised Code. The homestead shall include
so much of the land surrounding it, not exceeding one acre, as is
reasonably necessary for the use of the dwelling or unit as a
home. An owner includes a holder of one of the several
estates in fee, a vendee in possession under a
purchase
agreement or a land contract, a mortgagor, a life tenant,
one or more tenants
with a right of survivorship, tenants in common, and a settlor of
a revocable inter vivos trust holding the title to a homestead
occupied by the settlor as of right under the trust. The tax
commissioner shall adopt rules for the uniform classification and
valuation of real property or portions of real property as
homesteads.
(B) "Sixty-five years of age or older" means a person who
has attained age sixty-four prior to the first day of January of
the year of application for reduction in real estate taxes.
(C) "Total income" means the adjusted gross income of the
owner and the owner's spouse for the year preceding the year
in which
application for a reduction in taxes is made, as determined under
the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C.A.
1, as amended, adjusted as follows:
(1) Subtract the amount of disability benefits included in
adjusted gross income but not to exceed fifty-two hundred
dollars, except subtract the entire amount of disability benefits
included in adjusted gross income that are paid by the veterans
administration or a branch of the armed forces of the United
States on account of an injury or disability;
(2) Add old age and survivors benefits received pursuant
to the "Social Security Act" that are not included in adjusted
gross income;
(3) Add retirement, pension, annuity, or other retirement
payments or benefits not included in adjusted gross income;
(4) Add tier I and tier II railroad retirement benefits
received pursuant to the "Railroad Retirement Act," 50 Stat. 307,
45 U.S.C.A. 228;
(5) Add interest on federal, state, and local government
obligations;
(6) FOR A PERSON WHO RECEIVED THE HOMESTEAD EXEMPTION FOR A PRIOR YEAR ON
THE BASIS OF BEING PERMANENTLY AND TOTALLY DISABLED AND WHOSE CURRENT
APPLICATION FOR THE EXEMPTION IS MADE ON THE BASIS OF AGE, SUBTRACT THE
FOLLOWING AMOUNT:
(a) IF THE PERSON RECEIVED DISABILITY BENEFITS THAT WERE NOT
INCLUDED IN ADJUSTED GROSS INCOME IN THE YEAR PRECEDING THE FIRST YEAR IN
WHICH THE PERSON APPLIED FOR THE EXEMPTION ON THE BASIS OF AGE, SUBTRACT AN
AMOUNT EQUAL TO THE DISABILITY BENEFITS THE PERSON RECEIVED IN THAT PRECEDING
YEAR, TO THE EXTENT INCLUDED IN TOTAL INCOME IN THE CURRENT YEAR AND NOT
SUBTRACTED UNDER DIVISION
(C)(1) OF THIS SECTION IN THE CURRENT YEAR;
(b) IF THE PERSON RECEIVED DISABILITY BENEFITS THAT WERE INCLUDED
IN ADJUSTED GROSS INCOME IN THE YEAR PRECEDING THE FIRST YEAR IN WHICH THE
PERSON APPLIED FOR THE EXEMPTION ON THE BASIS OF AGE, SUBTRACT AN AMOUNT EQUAL
TO THE AMOUNT OF DISABILITY BENEFITS THAT WERE SUBTRACTED PURSUANT TO DIVISION
(C)(1) OF THIS SECTION IN THAT PRECEDING YEAR, TO THE EXTENT INCLUDED
IN TOTAL INCOME IN THE CURRENT YEAR AND NOT SUBTRACTED UNDER DIVISION
(C)(1) OF THIS
SECTION IN THE CURRENT YEAR.
DISABILITY BENEFITS THAT ARE PAID BY THE DEPARTMENT OF VETERANS AFFAIRS OR
A
BRANCH OF THE ARMED FORCES OF THE UNITED STATES ON ACCOUNT
OF AN INJURY OR DISABILITY SHALL NOT BE INCLUDED IN TOTAL INCOME.
(D) "Old age and survivors benefits received pursuant to
the 'Social Security Act'" or "tier I railroad retirement
benefits received pursuant to the 'Railroad Retirement Act'"
means:
(1) For those persons receiving the homestead exemption
for the first time for tax years 1976 and earlier, old age
benefits payable under the social security or railroad retirement
laws in effect on December 31, 1975, except in those cases where
a change in social security or railroad retirement benefits would
result in a reduction in income.
(2) For those persons receiving the homestead exemption
for the first time for tax years 1977 and thereafter, old age
benefits payable under the social security or railroad retirement
laws in effect on the last day of the calendar year prior to the
year for which the homestead exemption is first received, or, if
no such benefits are payable that year, old age benefits payable
the first succeeding year in which old age benefits under the
social security or railroad retirement laws are payable, except
in those cases where a change in social security or railroad
retirement benefits results in a reduction in income.
(3) The lesser of:
(a) Survivors benefits payable under the social security
or railroad retirement laws in effect on the last day of the
calendar year prior to the year for which the homestead exemption
is first received, or, if no such benefits are payable that year,
survivors benefits payable the first succeeding year in which
survivors benefits are payable; or
(b) Old age benefits of the deceased spouse, as determined
under division (D)(1) or (2) of this section, upon which the
surviving spouse's survivors benefits are based under the social
security or railroad retirement laws, except in those cases where
a change in benefits would cause a reduction in income.
Survivors benefits are those described in division
(D)(3)(b) of this section only if the deceased spouse received
old age benefits in the year in which the deceased died. If the
deceased spouse did not receive old age benefits in the year in
which the deceased spouse died, then survivors benefits are those
described in division (D)(3)(a) of this section.
(E) "Permanently and totally disabled" means a person who
has, on the first day of January of the year of application for
reduction in real estate taxes, some impairment in body or mind
that makes the person unfit to work at any substantially
remunerative
employment which the person is reasonably able to perform and
which will,
with reasonable probability, continue for an indefinite period of
at least twelve months without any present indication of recovery
therefrom or has been certified as permanently and totally
disabled by a state or federal agency having the function of so
classifying persons.
Sec. 323.152. In addition to the reduction in taxes
required under section 319.302 of the Revised Code, taxes shall
be reduced as follows: PROVIDED IN DIVISIONS (A) AND
(B) OF THIS SECTION.
(A) This division (1) DIVISION (A) OF THIS
SECTION applies to any of the following:
(1)(a) A person who is permanently and totally disabled;
(2)(b) A person who is sixty-five years of age or older;
(3)(c) A person who is the surviving spouse of a deceased
person who was permanently and totally disabled or sixty-five
years of age or older and who applied and qualified for a
reduction in taxes under this division in the year of death, provided the
surviving spouse is at least fifty-nine but not sixty-five or more years of
age on the date the deceased spouse dies.
(2) Real property taxes on a homestead owned and occupied by a
person to whom this division (A) OF THIS SECTION
applies shall be further reduced for
each year for which the owner obtains a certificate of reduction
from the county auditor under section 323.154 of the Revised
Code. The reduction shall equal the amount obtained by
multiplying the tax rate for the tax year for which the
certificate is issued by the reduction in taxable value shown in
the following schedule:
| Reduce Taxable Value |
Total Income | by the Lesser of: |
$10,800 11,900 or less | $5,000 or seventy-five per cent |
More than $10,800 11,900 but not more than
$15,800
17,500 | $3,000 or sixty per cent |
More than $15,800 17,500 but not more than
$20,800 23,000 | $1,000 or twenty-five per cent |
More than $20,800 23,000 | -0- |
(3) EACH CALENDAR YEAR BEGINNING IN
1999, THE TAX COMMISSIONER SHALL ADJUST THE FOREGOING SCHEDULE
BY COMPLETING THE FOLLOWING STEPS:
(a) DETERMINE THE PERCENTAGE INCREASE IN THE GROSS
DOMESTIC PRODUCT DEFLATOR DETERMINED BY THE BUREAU OF ECONOMIC
ANALYSIS OF THE UNITED
STATES DEPARTMENT OF COMMERCE
FROM THE FIRST DAY OF JULY OF
THE PRECEDING CALENDAR YEAR TO THE LAST DAY OF
JUNE OF THE CURRENT CALENDAR
YEAR;
(b) MULTIPLY THAT PERCENTAGE INCREASE BY EACH OF
THE TOTAL INCOME AMOUNTS, AND BY EACH DOLLAR AMOUNT BY WHICH TAXABLE VALUE IS
REDUCED, FOR THE CURRENT TAX YEAR;
(c) ADD THE RESULTING PRODUCT TO EACH OF THE TOTAL
INCOME AMOUNTS, AND TO EACH OF THE DOLLAR AMOUNTS BY WHICH TAXABLE VALUE IS
REDUCED, FOR THE CURRENT TAX YEAR;
(d) ROUND THE RESULTING SUM TO THE NEAREST
MULTIPLE OF ONE HUNDRED DOLLARS.
THE COMMISSIONER SHALL CERTIFY THE AMOUNTS RESULTING FROM
THE ADJUSTMENT TO EACH COUNTY AUDITOR NOT LATER THAN THE FIRST
DAY OF DECEMBER EACH YEAR. THE
CERTIFIED AMOUNTS APPLY TO THE FOLLOWING TAX YEAR. THE
COMMISSIONER SHALL NOT MAKE THE ADJUSTMENT IN ANY CALENDAR YEAR
IN WHICH THE AMOUNTS RESULTING FROM THE ADJUSTMENT WOULD BE LESS
THAN THE TOTAL INCOME AMOUNTS, OR LESS THAN THE DOLLAR AMOUNTS BY WHICH
TAXABLE VALUE IS REDUCED, FOR THE CURRENT TAX YEAR.
(B) Real property taxes on any homestead, and manufactured home
taxes on any manufactured or mobile home on which a manufactured home tax is
assessed pursuant to division (D)(2) of section 4503.06 of the
Revised Code, shall be reduced for each year for
which the owner obtains a certificate of
reduction from the county auditor under section 323.154 of the
Revised Code. The amount of the reduction shall equal one-fourth
of the amount by which the taxes charged and payable on the
homestead or the manufactured or mobile home are reduced for such year
under section 319.302 of the
Revised Code.
(C) The reductions granted by this section do not apply to
special assessments or respread of assessments levied against the
homestead, and if there is a transfer of ownership subsequent to
the filing of an application for a reduction in taxes, such
reductions are not forfeited for such year by virtue of such
transfer.
(D) The reductions in taxable value referred to in this section
shall be applied solely as a factor for the purpose of computing
the reduction of taxes under this section and shall not affect
the total value of property in any subdivision or taxing district
as listed and assessed for taxation on the tax lists and
duplicates, or any direct or indirect limitations on indebtedness
of a subdivision or taxing district. If after application of
sections 5705.31 and 5705.32 of the Revised Code, including the
allocation of all levies within the ten-mill limitation to debt
charges to the extent therein provided, there would be
insufficient funds for payment of debt charges not provided for
by levies in excess of the ten-mill limitation, the reduction of
taxes provided for in sections 323.151 to 323.157 of the Revised
Code, shall be proportionately adjusted to the extent necessary
to provide such funds from levies within the ten-mill limitation.
(E) No reduction shall be made on the taxes due on the
homestead of any person convicted of violating division (C) or
(D) of section 323.153 of the Revised Code for a period of three
years following the conviction.
Sec. 4503.064. As used in sections 4503.064 to 4503.069 of
the Revised Code:
(A) "Sixty-five years of age or older" means a person who
will be age sixty-five or older in the calendar year following
the year of application for reduction in the assessable value of
the person's manufactured or mobile home.
(B) "Total income" means the adjusted gross income of the
owner and the owner's spouse for the year preceding the year
in which
application for a reduction in taxes is made, as determined under
the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C.A.
1, as amended, adjusted as follows:
(1) Subtract the amount of disability benefits included in
adjusted gross income but not to exceed five thousand two hundred
dollars, except subtract the entire amount of disability benefits
included in adjusted gross income that are paid by the veteran's
administration or a branch of the armed forces of the United
States on account of an injury or disability;
(2) Add old age and survivors benefits received pursuant
to the "Social Security Act" that are not included in adjusted
gross income;
(3) Add retirement, pension, annuity, or other retirement
payments or benefits not included in adjusted gross income;
(4) Add tier I and II railroad retirement benefits
received pursuant to the "Railroad Retirement Act," 50 Stat. 307,
45 U.S.C. 228;
(5) Add interest on federal, state, and local government
obligations;
(6) FOR A PERSON WHO RECEIVED THE HOMESTEAD EXEMPTION FOR A PRIOR YEAR ON
THE BASIS OF BEING PERMANENTLY AND TOTALLY DISABLED AND WHOSE CURRENT
APPLICATION FOR THE EXEMPTION IS MADE ON THE BASIS OF AGE, SUBTRACT THE
FOLLOWING AMOUNT:
(a) IF THE PERSON RECEIVED DISABILITY BENEFITS THAT WERE NOT
INCLUDED IN ADJUSTED GROSS INCOME IN THE YEAR PRECEDING THE FIRST YEAR IN
WHICH THE PERSON APPLIED FOR THE EXEMPTION ON THE BASIS OF AGE, SUBTRACT AN
AMOUNT EQUAL TO THE DISABILITY BENEFITS THE PERSON RECEIVED IN THAT PRECEDING
YEAR, TO THE EXTENT INCLUDED IN TOTAL INCOME IN THE CURRENT YEAR AND NOT
SUBTRACTED UNDER DIVISION
(B)(1) OF THIS SECTION IN THE CURRENT YEAR;
(b) IF THE PERSON RECEIVED DISABILITY BENEFITS THAT WERE INCLUDED
IN ADJUSTED GROSS INCOME IN THE YEAR PRECEDING THE FIRST YEAR IN WHICH THE
PERSON APPLIED FOR THE EXEMPTION ON THE BASIS OF AGE, SUBTRACT AN AMOUNT EQUAL
TO THE AMOUNT OF DISABILITY BENEFITS THAT WERE SUBTRACTED PURSUANT TO DIVISION
(B)(1) OF THIS SECTION IN THAT PRECEDING YEAR, TO THE EXTENT INCLUDED
IN TOTAL INCOME IN THE CURRENT YEAR AND NOT SUBTRACTED UNDER DIVISION
(B)(1) OF THIS
SECTION IN THE CURRENT YEAR.
DISABILITY BENEFITS THAT ARE PAID BY THE DEPARTMENT OF VETERANS AFFAIRS OR
A
BRANCH OF THE ARMED FORCES OF THE UNITED STATES ON ACCOUNT
OF AN INJURY OR DISABILITY SHALL NOT BE INCLUDED IN TOTAL INCOME.
(C) "Old age and survivors benefits received pursuant to
the 'Social Security Act'" or "tier I railroad retirement
benefits received pursuant to the 'Railroad Retirement Act'"
means:
(1) The old age benefits payable under the social security
or railroad retirement laws in effect on the last day of the
calendar year preceding the year in which the applicant's
application for reduction is first successfully made, or, if no
such benefits are payable that year, old age benefits payable the
first succeeding year in which old age benefits under the social
security or railroad retirement laws are payable, except in those
cases where a change in social security or railroad retirement
benefits results in a reduction in income.
(2) The lesser of:
(a) Survivors benefits payable under the social security
or railroad retirement laws in effect on the last day of the
calendar year preceding the year in which the applicant's
application for reduction is first successfully made, or, if no
such benefits are payable that year, survivors benefits payable
the first succeeding year in which survivors benefits are
payable; or
(b) Old age benefits of the deceased spouse, as determined
under division (C)(1) of this section, upon which the surviving
spouse's survivors benefits are based under the social security
or railroad retirement laws, except in those cases where a change
in benefits would cause a reduction in income.
Survivors benefits are those described in division
(C)(2)(b) of this section only if the deceased spouse received
old age benefits in the year in which the deceased died. If the
deceased spouse did not receive old age benefits in the year in
which the deceased died, then survivors benefits are those
described in division (C)(2)(a) of this section.
(D) "Permanently and totally disabled" means a person who,
on the first day of January of the year of application, including
late application, for reduction in the assessable value of a
manufactured or mobile home, has some impairment in body or mind that makes
the person unfit to work at any substantially remunerative
employment
which the person is reasonably able to perform and which
will, with
reasonable probability, continue for an indefinite period of at
least twelve months without any present indication of recovery
therefrom or has been certified as permanently and totally
disabled by a state or federal agency having the function of so
classifying persons.
(E) "Homestead exemption" means the reduction in taxes
allowed under division (A) of section 323.152 of the Revised Code
for the year in which an application is filed under section
4503.066 of the Revised Code.
(F) "Manufactured home" has the meaning given in division
(C)(4) of section 3781.06 of the
Revised Code, and includes a
structure consisting of two manufactured homes that were
purchased either together or separately and are combined to form
a single dwelling, but does not include a manufactured home
that is taxed as real property pursuant to division (B) of section
4503.06 of the Revised Code.
(G) "Mobile home" has the meaning given in division
(O) of section 4501.01 of the Revised
Code and includes a structure
consisting of two mobile homes that were purchased together or
separately and combined to form a single dwelling, but does not include a
mobile home that is taxed as real property pursuant to division (B)
of section 4503.06 of the Revised Code.
(H) "Late application" means an application filed with an
original application under division (A)(3) of section 4503.066 of
the Revised Code.
Sec. 4503.065. (A) This section applies to any of the following:
(A)(1) An individual who is permanently and totally disabled;
(B)(2) An individual who is sixty-five years of age or older;
(C)(3) An individual who is the surviving spouse of a
deceased person who was permanently and totally disabled or
sixty-five years of age or older and who applied and qualified
for a reduction in assessable value under this section in the
year of death, provided the surviving spouse is at least
fifty-nine but not sixty-five or more years of age on the date
the deceased spouse dies.
(B)(1) The manufactured home tax on a manufactured
or mobile home that is paid pursuant to division (C) of
section 4503.06 of the Revised Code and that is owned
and occupied as a home by an individual whose domicile is in this
state and to whom this section applies, shall be reduced
for any tax year for which the
owner obtains a certificate of reduction from the county auditor
under section 4503.067 of the Revised Code, provided the
individual did not acquire ownership from a person, other than
the individual's spouse, related by consanguinity or
affinity for the purpose
of qualifying for the reduction in assessable value. An owner
includes a settlor of a revocable inter vivos trust holding the
title to a manufactured or mobile home occupied by the settlor as of
right under the trust. The reduction shall equal the amount obtained by
multiplying the tax rate for the tax year for which the
certificate is issued by the reduction in assessable value shown
in the following schedule.
| Reduce Assessable Value |
Total Income | by the Lesser of: |
| Column A Column B |
$10,800 11,900 or less | $5,000 or seventy-five per cent |
More than $10,800 11,900 but not more than
$15,800 17,500 | $3,000 or sixty per cent |
More than $15,800 17,500 but not more than
$20,800 23,000 | $1,000 or twenty-five per cent |
More than $20,800 23,000 | -0- |
(2) EACH CALENDAR YEAR BEGINNING IN 1999, THE TAX
COMMISSIONER SHALL ADJUST THE FOREGOING SCHEDULE BY COMPLETING
THE FOLLOWING STEPS:
(a) DETERMINE THE PERCENTAGE INCREASE IN THE GROSS
DOMESTIC PRODUCT DEFLATOR DETERMINED BY THE BUREAU OF ECONOMIC
ANALYSIS OF THE UNITED
STATES DEPARTMENT OF COMMERCE
FROM THE FIRST DAY OF JULY OF
THE PRECEDING CALENDAR YEAR TO THE LAST DAY OF
JUNE OF THE CURRENT CALENDAR
YEAR;
(b) MULTIPLY THAT PERCENTAGE INCREASE BY EACH OF
THE TOTAL INCOME AMOUNTS, AND BY EACH DOLLAR AMOUNT BY WHICH ASSESSABLE VALUE
IS REDUCED, FOR THE ENSUING TAX YEAR;
(c) ADD THE RESULTING PRODUCT TO EACH OF THE TOTAL
INCOME AMOUNTS, AND TO EACH OF THE DOLLAR AMOUNTS BY WHICH ASSESSABLE VALUE IS
REDUCED, FOR THE ENSUING TAX YEAR;
(d) ROUND THE RESULTING SUM TO THE NEAREST
MULTIPLE OF ONE HUNDRED DOLLARS.
THE COMMISSIONER SHALL CERTIFY THE AMOUNTS RESULTING FROM
THE ADJUSTMENT TO EACH COUNTY AUDITOR NOT LATER THAN THE FIRST
DAY OF DECEMBER EACH YEAR. THE
CERTIFIED AMOUNTS APPLY TO THE SECOND ENSUING TAX YEAR. THE
COMMISSIONER SHALL NOT MAKE THE ADJUSTMENT IN ANY CALENDAR YEAR
IN WHICH THE AMOUNTS RESULTING FROM THE ADJUSTMENT WOULD BE LESS
THAN THE TOTAL INCOME AMOUNTS, OR LESS THAN THE DOLLAR AMOUNTS BY WHICH
ASSESSABLE VALUE IS REDUCED, FOR THE ENSUING TAX YEAR.
(C) If the owner or the spouse of the owner of a manufactured or
mobile
home is eligible for a homestead exemption on the land upon which
the home is located, the reduction in assessable
value to which the owner or spouse is entitled under this
section shall not exceed
the difference between the reduction in assessable value
to which the owner or spouse is entitled under column A of the above schedule
and the amount of the reduction in taxable value that was used to compute the
homestead exemption.
(D) No reduction shall be made on the assessable value of the
home of any person convicted of violating division
(C) or (D) of section 4503.066 of the Revised Code for a period
of three years following the conviction.
Section 2. That existing sections 323.151, 323.152, 4503.064, and 4503.065 of
the Revised Code are hereby repealed.
Section 3. (A)(1) Except as otherwise provided in division (A)(2) of this
section, the amendments made by this act to division (C) of section
323.151 and division (A) of section
323.152 of the Revised Code first apply to tax year 1999. A
person whose homestead first becomes eligible for the reduction in
taxable value or is entitled to an increased reduction
for tax year 1999 because of the amendments made to either of those divisions
may apply for the reduction or increase therein for that
year not later than 90 days after the effective date of this
section, notwithstanding filing requirements to the contrary under
division (A)(3) of section 323.153 of the Revised Code.
(2) Notwithstanding division (A)(3) of section 323.152 of the
Revised Code, as amended by this act, the adjustment to the dollar
amount by which taxable value is reduced under that division shall
be made first in calendar year 2001 and thereafter. The reduction
resulting from that adjustment first applies to tax years 2002 and
thereafter.
(B)(1) Except as otherwise provided in division (B)(2) of this section, the
amendments made by this act to sections 4503.064 and 4503.065 of the
Revised Code first apply to tax year 2000. A person whose
manufactured or mobile home first becomes eligible for the
reduction in assessable value or is entitled to an increased
reduction for tax year 2000 because of the
amendments made to either of those sections may apply for the reduction or
increase therein for that year not later than 90 days after the
effective date of this section, notwithstanding the filing
requirements to the contrary under division (A)(2) of section
4503.066 of the Revised Code.
(2) Notwithstanding division (B)(2) of section 4503.065 of the
Revised Code, as amended by this act, the adjustment to the dollar
amount by which taxable value is reduced under that division shall
be made first in calendar year 2002 and thereafter. The reduction
resulting from that adjustment first applies to tax years 2003 and
thereafter.
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