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HB251 Alabama 2018 Session

Updated Apr 26, 2021
HB251 Alabama 2018 Session
House Bill
Enacted
Current Status
Regular Session 2018
Session
1
Sponsor

Summary

Primary Sponsor
Ken Johnson
Republican
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

H

Forwarded to Governor at 12:09 p.m. on March 15, 2018.

H

Assigned Act No. 2018-280.

H

Clerk of the House Certification

S

Signature Requested

S

Concurred in Second House Amendment

H

Enrolled

H

Johnson (K) motion to Concur In and Adopt adopted Roll Call 802

H

Concurrence Requested

S

Motion to Read a Third Time and Pass adopted Roll Call 778

S

Blackwell motion to Adopt adopted Roll Call 777

S

Brewbaker first Substitute Offered

S

Third Reading Passed

S

Brewbaker motion to Carry Over to the Call of the Chair adopted Voice Vote

S

Third Reading Carried Over to Call of the Chair

S

Read for the second time and placed on the calendar

S

Read for the first time and referred to the Senate committee on Education and Youth Affairs

H

Motion to Read a Third Time and Pass adopted Roll Call 258

H

Third Reading Passed

H

Read for the second time and placed on the calendar

H

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

February 8, 2018 House Passed
Yes 96
Absent 6

Motion to Read a Third Time and Pass

March 13, 2018 Senate Passed
Yes 28
Absent 6

Johnson (K) motion to Concur In and Adopt

March 15, 2018 House Passed
Yes 96
Abstained 2
Absent 4

Documents

Source: Alabama Legislature