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SB231 Alabama 2020 Session

Updated Feb 25, 2020
SB231 Alabama 2020 Session
Senate Bill
Expired
Current Status
Regular Session 2020
Session
1
Sponsor

Summary

Session
Regular Session 2020
Title
Wallace-Folsom Savings Investment Plan Act, ACES Program, name of and name of Admin Fund and savings accounts changed to AL Comprehensive Education Savings Program, definitions clarified, Secs. 16-33C-3, 16-33C-10 am'd.
Description

This bill would revise the names of the ACES Program, Administrative Fund, and savings accounts within the State Treasurer's office, as provided by the Wallace-Folsom Savings Investment Plan Act, from the Alabama College Education Savings to the Alabama Comprehensive Education Savings Program, Administrative Fund, and savings accounts, and would clarify that certain terms should be defined as provided in federal law.

Subjects
Alabama College Edcuation Savings Program

Bill Actions

S

Read for the first time and referred to the Senate committee on Finance and Taxation Education

Bill Text

Documents

Source: Alabama Legislature