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Ohio lawmakers approved a plan to cut property taxes by over $2 billion.

Future tax hikes in some school districts would be tied to inflation under the new legislation.

The measures are a response to rising property taxes and a push for a constitutional amendment to eliminate them entirely.

Ohio homeowners could see their property taxes decrease as soon as next year under a plan approved by state lawmakers.

The Ohio House and Senate sent four bills to Gov. Mike DeWine on Nov. 19 that would slash taxes by more than $2 billion. Lawmakers have scrambled to provide Ohioans with tax relief as advocates push for a constitutional amendment to eliminate property taxes altogether.

Here's what the legislation could mean for your tax bills, if it becomes law.

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