HB 186 Inflation Cap Credit

Understanding the New Inflation Cap Credit on Your Property Tax Bill

Ohio House Bill 186 created a new property tax reduction known as the Inflation Cap Credit. If applicable, this credit will appear as a separate line item on your property tax bill.

The Inflation Cap Credit is established under Ohio Revised Code Section 319.303. Ohio law requires county treasurers to identify this reduction on tax bills using the exact term "Inflation Cap Credit."

Learn more:

What is the Inflation Cap Credit?

The Inflation Cap Credit is a property tax reduction created by Ohio law. The credit is intended to limit certain increases in school district property tax revenue following a county-wide property reappraisal or triennial update.

If your property qualifies under state law, the credit will reduce a portion of your property taxes and will be shown directly on your tax bill.

Do I need to apply for the credit?

No.

The Inflation Cap Credit is calculated and applied automatically when required by Ohio law. Property owners do not need to submit an application or request the credit.

Will every property receive the credit?

No.

Whether a property receives the credit depends on the requirements established by Ohio law. The credit applies only in certain situations and only to specific taxes that qualify under the statute.

Where will I see the credit?

If applicable, the credit will appear on your tax bill as:

Inflation Cap Credit

The amount shown represents the reduction applied to qualifying taxes under Ohio law.

Frequently Asked Questions

Why did I receive an Inflation Cap Credit?

The credit is based on statutory calculations involving your school district and county property valuation updates. If the conditions established in Ohio law are met, the credit is automatically applied to qualifying properties.

Why didn't I receive an Inflation Cap Credit?

Not every property or tax district will qualify for the credit. Eligibility depends on the requirements set forth in Ohio Revised Code Section 319.303.

Is this the same as the Homestead Exemption?

No. The Homestead Exemption and the Inflation Cap Credit are separate programs created under different sections of Ohio law.

Is this the same as the Owner-Occupancy Credit?

No. The Inflation Cap Credit is separate from the Owner-Occupancy Credit and other property tax reduction programs.

Why is my credit amount different from my neighbor's?

Credit amounts can vary based on factors such as:

  • Property value

  • Taxing district

  • School district

  • The taxes subject to the credit

Because each property is different, credit amounts may vary even between neighboring properties.

Why did my tax bill increase even though I received the credit?

The Inflation Cap Credit is only one factor affecting your tax bill. Changes in property value, voter-approved levies, tax district changes, and other factors may also affect the total amount due.

Who determines the credit amount?

The credit amount is determined according to Ohio law and is based on calculations involving county and school district tax information. The Treasurer's Office does not independently set the amount of the credit.

Can the Treasurer's Office change or adjust my credit?

No. The Treasurer's Office is responsible for billing and collecting property taxes in accordance with Ohio law. The amount of any Inflation Cap Credit is determined through the statutory tax calculation process.

Why is the credit shown as a separate line on my bill?

Ohio law requires county treasurers to identify the reduction on tax bills as the "Inflation Cap Credit." Showing the credit separately allows taxpayers to see the amount of the reduction provided under state law.

Need Assistance?

For questions about your property tax bill, please contact the Lucas County Treasurer's Office.

Questions regarding property values may be directed to the Lucas County Auditor's Office here.