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In another indication of the shifting interest toward creating economic development incentives for attracting people (as oposed to companies), two young Ohio legislators have proposed a new tax incentive:
Under the legislation, college graduates who pledge to live in Ohio would earn a nonrefundable state income tax credit of up to $3,000 per year for up to 10 years. The idea was hatched Wednesday at a Statehouse news conference thrown by Rep. Josh Mandel, a 30-year-old Lyndhurst Republican, and Rep. Jay Goyal, a 27-year-old Mansfield Democrat.
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