HB 3809 Illinois House · 101st Regular Session

TREASURER-COLLEGE SAVINGS

Summary
Amends the State Treasurer Act. In a Section concerning a college savings pool, provides that the term "qualified expenses" includes any qualified higher education expense allowed under specified provisions of the Internal Revenue Code. In a Section concerning the ABLE account program, provides the funds contained in a College Savings Pool account established under the Act may be rolled over into an eligible ABLE account to the extent permitted by specified provisions of the Internal Revenue Code. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2019
Committee Review
Floor Vote
Governor
Introduced Mar 13, 2019 Last action Mar 14, 2019
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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Mar 14, 2019
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

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Legislator
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State
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Photo of Allen Skillicorn
Allen Skillicorn
RRepublican
IL
66