Rep. Tracy Richardson Votes on Legislation Allocating Budget Surplus Funds

State Representative Tracy Richardson (R-Marysville) yesterday voted on Senate changes to House Bill 479 - legislation that now includes an amendment to direct budget surplus funding for community projects, property tax relief, and other key priorities across the state.

"My goal and passion continues to be to reduce the tax burden of hard-working Ohio residents," said Richardson. "Specifically, HB 479 directs certain state dollars back to residents in the form of a Homestead Exemption property tax credit. These one-time dollars mean additional property tax relief is on the way for our most vulnerable seniors and disabled veterans."

House Bill 479 includes appropriations for the following:

• $350 million providing property tax relief to Homestead Exemption recipients
• $320 million for an expanded sales tax holiday August 1-15, 2027
• $310 million for the Health and Human Services fund
• $200 million to fund community projects included in the Capital Budget in lieu of issuing debt
• $35 million to bolster Ohio's Budget Stabilization fund, bringing its balance over $4 billion
  

Through this amendment, Ohio House Republicans have prioritized investments that return money to taxpayers, assist working families, and strengthen local communities.

House Bill 479 now heads to the governor for his signature.