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Flypaper

Tax credit to stay in the Buckeye State?

6.24.2009

By guest blogger and Ohio policy and research intern Matthew Walsh

Today, the Ohio House of Representatives Committee on Ways and Means heard sponsor testimony from Rep. Cheryl Grossman (R-Grove City)?? about HB 144, legislation that aims to tackle Ohio's "brain drain" by granting a state income tax credit to anyone who earns a bachelor's degree then lives in the Buckeye State for five years.?? Fordham explored just this topic in our recent report, Losing Ohio's Future: Why college graduates flee the Buckeye State and what might be done about it, and found that while 58 percent of surveyed undergraduates plan to leave Ohio after they get their diplomas, 65 percent say a state income tax credit would be an enticing reason to stay here. ????It seems Rep. Grossman is a fan of our work--she cited our report in her testimony and distributed copies of the report to committee members as well.

Tags: Ohio Ohio House of Representatives
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