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Ohio legislator wants tax refunds on debit cards

Associated Press • Nov 12, 2012 at 12:18 PM

State Sen. Eric Kearney says his proposal could save the state money and benefit low-income residents who don't have bank accounts. The Cincinnati Democrat says the option would give them a safe and easy way to get their refunds, avoiding check-cashing fees.

A federal survey found that about 414,000 Ohio households didn't have a checking or savings account last year.

The Dayton Daily News reports some officials are concerned that the program's costs would outweigh its benefits. A U.S. Treasury pilot program was halted after only a small number of taxpayers chose to participate.

Ohioans currently can get refunds by mailed checks or direct deposits into their accounts.

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