Introduced in January 2017, this bill increases the maximum income tax deduction that is allowed for contributions to a disability expense account or federally tax-advantaged college savings plan in Ohio. The legislation doubles the permitted maximum income tax deduction from $2,000 to $4,000 per year for each beneficiary. It also creates a Joint Committee on Ohio College Affordability to review and recommend strategies to lower the cost of attending college.
State Contact
Jessie GreenNisonger Center
The Ohio State University
Columbus, OH 43210
P: 614.685.3185
Jessie.Green@osumc.edu
