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Jay Hottinger
Guest Columnist
NEWARK - We are now over a month into the 134th General Assembly and I wanted to share a few of the bills that I am sponsoring that would greatly benefit Ohio. If enacted, these bills would help families save for college, protect homeowners, and increase penalties for violence against pets.
In 2018, I was successful at increasing the tax deduction for contributions to 529 College Savings Plans from $2,000 to $4,000. However, this tax deduction only applies to families investing in Ohio’s plan. Senate Bill 33 would extend the same tax benefit to all Ohio families whether they invest in Ohio’s plan or another state’s plan. While Ohio’s plan ranks among one of the best in the country, this bill would allow families to focus on the important aspects of the plans and shop the market to decide which plan is best for them and their risk preferences, rather than solely considering the state tax deduction. In fact, Kansas and Montana, wh ....

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