CA: Limit property tax increases to four per cent per year

This bill proposes adding a constitutional amendment to Ohio that would cap annual property tax increases for individual property owners at four percent. The limit is calculated based on the previous year's tax bill plus the lower of the actual inflation rate or four percent, ensuring taxes do not rise faster than these benchmarks. The measure includes specific exceptions for situations like property division, the loss of tax exemptions, or new construction, while also prohibiting government entities from creating fees or special jurisdictions to bypass the cap. If passed by voters, the amendment would allow taxpayers to sue for enforcement, with courts instructed to rule in favor of the taxpayer when doubts exist and to award legal fees to successful plaintiffs.