On Sunday, Governor Kasich signed Senate Bill 2 into law, sponsored by State Senator Bob Peterson (R-Washington Court House), which harmonizes recent changes to the federal tax code with Ohio's income tax law, saving Ohioans up to $18.9 million in taxes.  

“As Ohioans begin filing last year's tax returns, it’s imperative that we make sure they have access to every possible deducation and credit they are entitled to,” said Peterson. “This bill provides the necessary updates to make sure no one pays more taxes than required.”  

Several changes were made to the federal tax code in 2015 necessitating the passage of Senate Bill 2 in order to avoid conflicting state and federal tax rules.

A few of the tax provisions extended or made permanent with the passage of Senate Bill 2 include the Enhanced Earned Income Tax Credit; tax-free distributions from individual retirement plans for charitable purposes; and deductions for qualified tuition and related expenses among others.  

Senator Peterson serves as the Chairman of the Senate Standing Committee on Ways and Means, the influential panel charged with oversight of Ohio’s tax code.

Featured Posts

Peterson Announces Unanimous Senate Passage Of Bill To Address Dating Violence


COLUMBUS—State Senator Bob Peterson (R-Washington Court House), co-sponsor of House Bill 1, today announced the unanimous Senate passage of legislation aimed at enhancing protections for individuals who are victims of violence and abuse when they are in a dating relationship with the offender.


Peterson Applauds Passage Of Historic Congressional Redistricting Reform Plan


COLUMBUS—State Senator Bob Peterson (R-Washington Court House) announced that this week the Ohio Senate unanimously passed a plan to reform the process for drawing Ohio’s congressional districts. With a strong bipartisan vote in the Ohio House today, Substitute Senate Joint Resolution 5  will now go before Ohio voters on the May ballot. The passage of Sub SJR 5 follows weeks of negotiations between the leadership of both parties in the General Assembly and various redistricting reform coalitions.


Remembering Accomplishments In 2017 And Setting New Goals For 2018


With 2017 behind us, the Ohio General Assembly is now over halfway through its legislative session. This point provides us with the opportunity to take stock of where we are and where we want to go. I was proud to support bills last year that created greater workforce opportunities, provided relief and support for Ohio's agriculture industry, and created a better environment for Ohioans to grow and prosper. I am proud of what we accomplished last year, and I am optimistic about the continuing positive impacts we will make on our communities.


PHOTO: Peterson Announces Grand Opening Of New Vinton County Supermarket


COLUMBUS—State Senator Bob Peterson (R-Washington Court House) joined State Representative Ryan Smith (R-Bidwell) and area leaders for the grand opening of Vinton County's new supermarket, Campbell's Market.