Bill Text: MA S1317 | 2009-2010 | 186th General Court | Introduced


Bill Title: For legislation relative to 529 college savings plans

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 7/22 at 10:00 AM in Hearing Room B2 [S1317 Detail]

Download: Massachusetts-2009-S1317-Introduced.html

The Commonwealth of Massachusetts

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PRESENTED BY:

O'Leary, Robert (SEN)

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
                Court assembled:

                The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:

An Act Relative to 529 College Savings Plans

 

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PETITION OF:

 

Name:

District/Address:

O'Leary, Robert (SEN)

Cape and Islands

James B. Eldridge

Middlesex and Worcester

Michael R. Knapik

Second Hampden and Hampshire

James E. Timilty

Bristol and Norfolk

Robert M. Koczera

11th Bristol

Benjamin B. Downing

Berkshire, Hampshire and Franklin

Karen E. Spilka

Second Middlesex and Norfolk

Susan C. Tucker

Second Essex and Middlesex

James B. Eldridge

Middlesex and Worcester

Bruce E. Tarr

First Essex and Middlesex

Mark C. Montigny

Second Bristol and Plymouth


 

The Commonwealth of Massachusetts

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In the Year Two Thousand and Nine

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An Act Relative to 529 College Savings Plans .



                Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

SECTION 1.  Clause (a) of subsection B of section 3 of chapter 62 of the general laws, as appearing in the 2006 official edition, is hereby amended by inserting, after subclause (15) the following new subclause: -

 

(16) Amounts up $5,000 annually, or $10,000 annually for married persons filing jointly, contributed to a qualified tuition program under section 529 of the code established pursuant to chapter 15C of the general laws or other savings program established by chapter 15C of the general laws.

 

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