Environment
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
StateOhioIntroduced
HB 1003: Enact the Neighborhood Protection Act
Desireè Tims
HB 1003 status: Introduced (updated Sep 8, 2026).
Source
OpenStates
Confidence
Low
Analysis basis
OpenStates summary
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
60OUT OF 100
Score:60/100 civic fit
Risk:Moderate Risk
Impact:Moderate Impact 60/100
Constitutionality85%
Bipartisan50%
Public opinion75%
Bill summary
To amend section 5747.01 and to enact sections 1749.01, 1749.02, and 1749.04 of the Revised Code regarding institutional investors bidding on, and the use of federal depreciation and interest deductions against the state income tax with respect to, certain residential property and to name this act the Neighborhood Protection Act.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Mixed / Neutral
55%
Benefits
- Levels the playing field for individual homebuyers by curbing institutional bidding power
- Reduces speculative real estate investment that can inflate home prices
- Aligns state tax code to favor owner-occupancy over mass institutional acquisition
Risks
- May reduce overall market liquidity for residential properties
- Potential negative impact on current homeowner equity due to reduced buyer competition
- Increased compliance costs for real estate investment firms
Society
Positive outlook
65%
Benefits
- Increases availability of single-family homes for individual purchasers
- Supports long-term neighborhood stability and community cohesion
- Helps protect local residents from predatory or speculative institutional land-banking
Risks
- Possible reduction in institutional-managed rental property options
- Potential for localized decreases in property development speed
- Market shifts may create unintended barriers for small-scale housing investors
Technology Industry
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Civic Accountability
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Public Health & Safety
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
OpenStates
Official bill text or data from OpenStates.
Confidence
Low
Information is limited or incomplete.
Analysis basis
OpenStates summary
Source used for this bill's analysis.
Source note
Potential for unforeseen market cooling effects due to changes in federal tax deduction utilization.
Analysis scope
Source provided is an abstract; full text of tax and code amendments is unavailable.
04
Where it stands
Official record- IntroducedCurrent
- CommitteeUpcoming
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
How it affects your district
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06
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