Governor Expected to Sign New Legislation that May Afford Certain Taxpayers with Property Tax Relief

Governor DeWine is expected to sign SB 57 which would allow the filing of a “COVID-19 Complaint” for Tax Year 2020 after the most recent March 31, 2021 deadline. The proposed new law would authorize a county board of revision to value a property for tax purposes as of October 1, 2020, instead of January 1, 2020 (the tax lien date), if its value is reduced due to a circumstance related to the COVID-19 pandemic or a State COVID-19 order.  Importantly, the Complaint must allege with particularity how such circumstance or order caused the reduction in value of the property.  However, the Complaint cannot merely allege a general decline in economic or market conditions.

We believe this new law, if enacted, will benefit specific properties that saw a decline in revenue due to COVID-19 after January 1, 2020 that otherwise couldn’t benefit from a Complaint as of the January 1, 2020 lien date.

We will continue to monitor the passing of the law and the timing of when a new complaint can be filed.  Please contact us immediately if you believe your property qualifies for a COVID-19 Complaint.