HB251 Alabama 2018 Session
Summary
- Primary Sponsor
-
Ken JohnsonRepublican - Session
- Regular Session 2018
- Title
- Wallace-Folsom Savings Investment Plan, certain contributions to savings accounts by guardians and conservators, authorized, Sec. 16-33C-25 am'd.
- Description
Under existing law, the Wallace-Folsom Savings Investment Plan, administered by the State Treasurer, consists of the ABLE Program, ACES Program, and the PACT Program.
This bill would authorize a contribution to, and continued investment in, an ACES Program or ABLE Program savings account for a designated beneficiary by the guardian or conservator of the designated beneficiary.
This bill would also conform the applicable code sections to the recent amendments to Section 529 of the Internal Revenue Service Code.
- Subjects
- Education
Bill Actions
Forwarded to Governor at 12:09 p.m. on March 15, 2018.
Assigned Act No. 2018-280.
Clerk of the House Certification
Signature Requested
Concurred in Second House Amendment
Enrolled
Johnson (K) motion to Concur In and Adopt adopted Roll Call 802
Concurrence Requested
Motion to Read a Third Time and Pass adopted Roll Call 778
Blackwell motion to Adopt adopted Roll Call 777
Brewbaker first Substitute Offered
Third Reading Passed
Brewbaker motion to Carry Over to the Call of the Chair adopted Voice Vote
Third Reading Carried Over to Call of the Chair
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Education and Youth Affairs
Motion to Read a Third Time and Pass adopted Roll Call 258
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Financial Services
Bill Text
Votes
Motion to Read a Third Time and Pass
Blackwell motion to Adopt
Johnson (K) motion to Concur In and Adopt
Documents
Source: Alabama Legislature