IN HB1128 | 2015 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 8 2015 - 25% progression, died in committee
Action: 2015-01-08 - Authored by Representative Errington
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Lifelong learning accounts. Requires the education savings authority (authority) to establish and administer a lifelong learning account program. Specifies that a lifelong learning account established for a participating individual must: (1) be an account in a financial institution; and (2) allow a participating individual to deposit, from the individual's earned income, money that may be matched by the participating individual's employer, a financial institution, the state, or any other entity, and that will be used by the participating individual for education and training costs at a postsecondary educational institution, a vocational school, or a training program that may lead to

Tracking Information

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Title

Lifelong learning accounts. Requires the education savings authority (authority) to establish and administer a lifelong learning account program. Specifies that a lifelong learning account established for a participating individual must: (1) be an account in a financial institution; and (2) allow a participating individual to deposit, from the individual's earned income, money that may be matched by the participating individual's employer, a financial institution, the state, or any other entity, and that will be used by the participating individual for education and training costs at a postsecondary educational institution, a vocational school, or a training program that may lead to

Sponsors


History

DateChamberAction
2015-01-08HouseAuthored by Representative Errington
2015-01-08HouseFirst Reading: referred to Committee on Ways and Means

Indiana State Sources


Bill Comments

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