Comments: IL HB4376 | 2017-2018 | 100th General Assembly

Bill Title: Amends the State Treasurer Act. In a Section concerning a college savings pool, provides that moneys may be used for qualified expenses allowed pursuant to Section 529 of the Internal Revenue Code. Provides that, before January 1, 2026, the Treasurer shall allow a rollover of funds contained in a College Savings Pool account into an eligible ABLE account. Effective immediately.

Spectrum: Partisan Bill (Republican 7-0)

Status: (Failed) 2019-01-08 - Session Sine Die [HB4376 Detail]

Text: Latest bill text (Introduced) [HTML]

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