Supporters say many Ohio counties already supply casual fee plans to assist older residents handle rising property taxes — and H.B. 443 would codify these practices into legislation.
“The legislature took motion on the unvoted property tax spikes within the 2025 classes, however it’s nonetheless necessary for us to deal with reforms on the foreclosures facet of property taxes,” Thomas stated. “I’m not conscious of every other states which have this sort of laws, and this places Ohio on the prime for safeguarding our senior homeowners from foreclosures.”
Whereas foreclosure on seniors is extraordinarily uncommon, issues raised by Ohioans illustrate the necessity for a transparent commonplace, invoice proponents added.
Home Invoice 443 ensures seniors who meet the {qualifications} is not going to lose their houses on account of tax foreclosures, whereas nonetheless preserving all present tax assortment and treasurer processes.
“Because the legislature continues to work in the direction of complete options to deal with the property tax disaster in Ohio, this straightforward invoice provides an important layer of safety for these actually working to pay their taxes and hold their dwelling,” Mathews stated.
Testimony on the invoice was supplied in late 2025 to the Ohio Home Methods and Means Committee, the place it’s awaiting additional consideration.
Based on a latest ATTOM report, Ohio ranked No. 6 amongst all states for highest foreclosures charges as of October 2025, with one in each 3,079 housing models receiving a foreclosures submitting.
The Ohio Housing Finance Company’s newest Housing Needs Assessment additionally famous that older mortgage holders — notably these 65 and older — are extra seemingly than youthful owners to spend not less than half of their earnings on housing.
