Bill Title: Amends the State Treasurer Act. In provisions concerning the College Savings Pool, provides that an account may be rolled over into a Roth IRA account, to the extent permitted by Section 529 of the Internal Revenue Code. In provisions concerning the Illinois Higher Education Savings Program, provides that the definition of "eligible child" includes a child born or adopted after December 31, 2022, to a parent who is a resident of Illinois at the time of the birth or adoption, as evidenced by documentation received by the Treasurer from a parent or legal guardian of the child. Makes conforming changes. Effective immediately.

Spectrum: Moderate Partisan Bill (Democrat 30-4)

Status: (Passed) 2024-08-02 - Public Act . . . . . . . . . 103-0778 [SB3133 Detail]

Text: Latest bill text (Chaptered) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
House	Third Reading in House	2024-05-16	109	0	2	0	111	Passed	Link	View
Senate	Third Reading in Senate	2024-04-12	59	0	0	0	59	Passed	Link	View

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