2015 Regular Session
|At the request of:|
|Bill Title:||Relating to individual development accounts.|
Expands allowable purposes for establishing individual development account.
Allows moneys in certain accounts to be rolled over into college savings network account or individual retirement account, retirement plan or similar account or plan when account holder has achieved account's approved purpose in accordance with personal development plan. Extends sunset for tax credit for donations to fiduciary organizations for distribution to individual development accounts. Extends sunset for tax credit for withdrawals from individual development accounts used to purchase primary residences.
|Fiscal Impact:||Budget Report Issued|
|Revenue Impact:||Revenue Impact Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||Joint Committee On Tax Credits|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|