Ohio Farm Bureau applauds the Ohio Senate for its overwhelming support of SB 36. CAUV reform has been a top priority for OFBF, and the strong action taken by the Ohio Senate to pass Senate Bill 36 has moved that priority for reform much closer to becoming reality. With the unanimous passage of SB 36, the Ohio Senate has taken a much needed step to help farmers who have been subjected to extraordinary property tax increases. By reforming the Current Agricultural Use Value (CAUV) formula, the bill will bring relief to family farmers who have seen farmland property taxes increase by more than 300 percent in recent years. These increases have come at the same time that farm income has undergone the second largest drop since the Great Depression.

The Senate amended SB 36 to mirror the House’s language in HB 49, the state budget bill which passed May 2, indicating their mutual support for the CAUV reforms for which OFBF has advocated. The bill will change the equity rate in the CAUV formula to be connected to the USDA farm equity rate and increase holding period assumptions to match the farm economy. These changes will ensure all the components of the capitalization rate are connected directly to the farm economy. The bill also places year-round conservation lands at the minimum value ensuring farmers are not penalized for adopting conservation practices that protect water quality. The only difference between the two proposals is the timeline on which the reforms are implemented; SB 36 would take effect in a standard three-year re-evaluation cycle, and HB 49’s CAUV language would be implemented over two re-evaluation cycles.

Ohio Farm Bureau appreciates the Senate’s attention to the the single most burdensome issue for farmers and landowners. We will continue to work with the Senate and House as they complete their efforts to reform the CAUV formula and be supportive of all pathways forward.

Please contact your state senator and thank him or her for their efforts in SB 36 and ask that they also support CAUV reform when it comes through the state budget.

 

My first recommendation in your journey is to start out with a local farming friend or mentor along with joining an organization like Ohio Farm Bureau.
Greg McGlinch's avatar
Greg McGlinch

Darke County Farm Bureau

New and beginning farmers
We’re just so thankful for the Farm Bureau and the foundation for helping put this together. And of course, the Boyert family for the vision they had with this grant. It’s jumping us forward 10 years. It’s unbelievable.
Nathan and Jill Parriman's avatar
Nathan and Jill Parriman

Clermont County Farm Bureau

Growing Tomorrow Grant
I could not have done it without the resources I have found through Farm Bureau.
Gretchan Francis's avatar
Gretchan Francis

Trumbull County Farm Bureau

Bringing the farm back to life
It wasn’t until I joined the Wilmington College Collegiate Farm Bureau that I truly saw how my passion could translate into leadership, advocacy and a career.
Wyatt Morrow's avatar
Wyatt Morrow

Clinton County Farm Bureau

Youth pathways in Farm Bureau
The issue of property taxation remains as one of the biggest challenges our members face today. Ensuring agricultural property is valued for its agricultural potential and not development is critical to the continued success of Ohio agriculture.
Matt Aultman's avatar
Matt Aultman

Darke County Farm Bureau

Giving farmers a voice
Through the Select Partner program, we became educated in farm insurance and weren't just selling policies. It became more and more clear why farmers need an advocate like Ohio Farm Bureau.
Chad Ruhl's avatar
Chad Ruhl

Farm manager, CSI Insurance

Select Partner Program
So many of the issues that OFBF and its members are advocating for are important to all Ohioans. I look at OFBF as an agricultural watchdog advocating for farmers and rural communities across Ohio.
Mary Smallsreed's avatar
Mary Smallsreed

Trumbull County Farm Bureau

Advocacy
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