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 Back | 144th General Assembly
House Bill # 184 |
| Primary Sponsor: | Stone | Additional Sponsor(s): Sen. DeLuca Reps. Brady Carey Hocker Hudson Lavelle Longhurst Plant B. Short D. Short Valihura Viola Sens. Bonini Bunting Cook Sokola Still Cloutier |
| CoSponsors: | { NONE...} |
| Introduced on : | 05/30/2007 | |
| Long Title: | AN ACT TO AMEND TITLE 10 AND TITLE 14 OF THE DELAWARE CODE RELATING TO THE DELAWARE COLLEGE INVESTMENT PLAN. |
| Synopsis: | Sections 1 through 7 of the bill implement provisions of federal law that allow a trust to be an account owner of a §529 Plan, an education savings plan for future college costs with special tax benefits. The bill amends the relevant provisions of Chapter 34 of Title 14 to bring Delaware into line with many other states that specifically allow trusts to own §529 Plan Accounts.
Section 8 of the bill continues the creditor protection afforded Delaware trusts that invest in §529 Plan Accounts for the education of trust beneficiaries.
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| Committee Reports: |
House Committee Report 06/12/07 F=7 M=0 U=0---->
House Committee Report 06/14/07 F=10 M=0 U=0----> |
| Voting Reports: |
House vote: () Passed 6/26/07 7:42:02 PM------->
Senate vote: () Passed 6/30/07 9:32:03 PM-------> |
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Actions History:
| Jul 17, 2007 - Signed by Governor
Jun 30, 2007 - Passed by Senate. Votes: 20 YES 0 NO 0 NOT VOTING 1 ABSENT
Jun 30, 2007 - Necessary rules are suspended in Senate
Jun 26, 2007 - Passed by House of Representatives. Votes: 41 YES 0 NO 0 NOT VOTING 0 ABSENT
Jun 14, 2007 - Reported Out of Committee (ECONOMIC DEVELOPMENT/BANKING & INSURANCE) in House with 10 Favorable
Jun 14, 2007 - Assigned to Economic Development/Banking & Insurance Committee in House
Jun 13, 2007 - Reported Out of Committee (EDUCATION) in House with 7 Favorable
May 30, 2007 - Introduced and Assigned to Education Committee in House
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