Bill No. HB1255

Summary
Status
Sponsors
Texts
Votes
Amendments
Supplements
History
Summary

Bill ID

1144042

State

IN

Title

529 college savings distributions

Description

529 college savings distributions. Excludes from Indiana adjusted gross income amounts that were withdrawn by a taxpayer from an account owned by the taxpayer under an Indiana education savings program, that were never expended for purposes of an Indiana education savings program, and that were deposited into a qualified retirement account. Removes the power of the education savings authority to establish penalties for withdrawals of money from accounts that are not used exclusively for qualified higher education expenses.

Bill Type

Bill

Category

No Data Available

Session

2019 Regular Session

Special Session

No Data Available

Status

Current Status

Introduced

Status Last Updated

2019-01-10

Pending Committee

Calendar

No data available

Sponsors

Sponsors

R
Rep
John Prescott
HD-033
1
0
R
Rep
Dave Heine
HD-085
2
0

Texts

Texts

2019-01-09
Introduced
application/pdf
https://legiscan.com/IN/text/HB1255/id/1841673

Votes

Votes

No data available

Amendments

Amendments

No data available

Supplements

Supplements

No data available

History

Progress

2019-01-10
Introduced
2019-01-10
Refer

History

2019-01-10
Authored by Representative Prescott
H
2019-01-10
First reading: referred to Committee on Ways and Means
H
2019-01-15
Representative Heine added as coauthor
H

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