Ohio Tax-Favored Home Purchasing Savings Account Details

Ohio Just Created a Tax-Favored Home Purchasing Savings Account Called the Ohio Homeownership Savings Account

Buried thousands of pages within its newly-enacted buget, the State of Ohio just quietly created a new Ohio Homeownership Savings Account program that allows individuals and married couples in the Buckeye State to take a tax deduction in exchange for saving for the purchase of a house. I think this could be the start of something interesting, especially if it takes off across other states and/or the Federal government.