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OH HB167
Bill
Status
12/9/2011
Primary Sponsor
Joseph Schiavoni
Click for details
AI Summary
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Adds a new income tax deduction for Ohio residents allowing deduction of federal Pell grant or Ohio College Opportunity grant amounts used to pay room and board at post-secondary educational institutions.
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Deduction applies only to the portion of grants actually used for room or board furnished by the educational institution, including meal plans administered by the institution.
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Includes grants distributed directly to educational institutions and credited to an enrollee's account with the institution.
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Amendment applies to taxable years ending on or after the effective date of the act.
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Bill declared an emergency measure to provide immediate tax relief for lower-income students attending college.
Legislative Description
To authorize an income tax deduction for the otherwise taxable portion of a federal Pell grant or Ohio College Opportunity grant used to pay room and board for a post-secondary student, and to declare an emergency.
Income tax-deduct Pell Grant/College Opportunity Grant for room & board
Last Action
Effective Date
12/9/2011