HB251 Alabama 2018 Session
Bill Summary
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
Relating to the Wallace-Folsom Savings Investment Plan; to amend Sections 16-33C-1, 16-33C-3, 16-33C-10, and 16-33C-25, Code of Alabama 1975, to authorize certain contributions to, and investments in, ACES Program or ABLE Program savings accounts; and to conform the applicable code sections to the recent amendments to Section 529 of the Internal Revenue Service Code.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 15, 2018 | H | Forwarded to Governor at 12:09 p.m. on March 15, 2018. |
| March 15, 2018 | H | Assigned Act No. 2018-280. |
| March 15, 2018 | H | Clerk of the House Certification |
| March 15, 2018 | S | Signature Requested |
| March 15, 2018 | S | Concurred in Second House Amendment |
| March 15, 2018 | H | Enrolled |
| March 15, 2018 | H | Johnson (K) motion to Concur In and Adopt adopted Roll Call 802 |
| March 15, 2018 | H | Concurrence Requested |
| March 13, 2018 | S | Motion to Read a Third Time and Pass adopted Roll Call 778 |
| March 13, 2018 | S | Blackwell motion to Adopt adopted Roll Call 777 |
| March 13, 2018 | S | Brewbaker first Substitute Offered |
| March 13, 2018 | S | Third Reading Passed |
| March 6, 2018 | S | Brewbaker motion to Carry Over to the Call of the Chair adopted Voice Vote |
| March 6, 2018 | S | Third Reading Carried Over to Call of the Chair |
| February 22, 2018 | S | Read for the second time and placed on the calendar |
| February 8, 2018 | S | Read for the first time and referred to the Senate committee on Education and Youth Affairs |
| February 8, 2018 | H | Motion to Read a Third Time and Pass adopted Roll Call 258 |
| February 8, 2018 | H | Third Reading Passed |
| January 25, 2018 | H | Read for the second time and placed on the calendar |
| January 18, 2018 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | February 21, 2018 | 727 at 08:30 | Senate ED Hearing |
| Hearing | January 24, 2018 | Room 428 at 09:00 | House FS Hearing |
| Hearing | April 4, 2017 | Room 727 at 09:00 | Senate GA Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB251 Alabama 2018 Session - Introduced |