Relating to first-time home buyer savings accounts; prescribing an effective date.

Modifies provisions governing first-time home buyer savings accounts. Eliminates requirement that financial institution provide annual certificate with account details to account holders. Allows account holder to designate proposed first-time home buyer as beneficiary of account. Specifies information that must be provided ] maintained by taxpayer claiming subtraction or exemption for accounts. Limits Department of Revenue rulemaking. Applies to all ] first-time home buyer savings accounts whenever ] created on or after January 1, 2024 . Takes effect on 91st day following adjournment sine die.