Bill Text: SC S1091 | 2017-2018 | 122nd General Assembly | Comm Sub

---

Bill Title: Future Scholar 529 Day

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2018-03-20 - Adopted [S1091 Detail]

Download: South_Carolina-2017-S1091-Comm_Sub.html

---

---

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

POLLED OUT OF COMMITTEE

MAJORITY FAVORABLE

March 15, 2018

S. 1091

Introduced by Senator Shealy

S. Printed 3/15/18--S.    [SEC 3/16/18 2:45 PM]

Read the first time March 6, 2018.

            

THE COMMITTEE ON INVITATIONS

To whom was referred a Senate Resolution (S. 1091) to recognize Thursday, April 26, 2018, as "Future Scholar 529 Day" in South Carolina and to encourage families to save for college with the South Carolina Future Scholar 529 , etc., respectfully

REPORT:

Has polled the Senate Resolution out majority favorable.

A SENATE RESOLUTION

TO RECOGNIZE THURSDAY, APRIL 26, 2018, AS "FUTURE SCHOLAR 529 DAY" IN SOUTH CAROLINA AND TO ENCOURAGE FAMILIES TO SAVE FOR COLLEGE WITH THE SOUTH CAROLINA FUTURE SCHOLAR 529 COLLEGE SAVINGS PLAN.

Whereas, saving for a college education is an important investment in a child's future; and

Whereas, the South Carolina Office of the State Treasurer administers the Future Scholar 529 College Savings Plan; and

Whereas, South Carolina's Future Scholar 529 College Savings Plan has 145,000 accounts enrolled and $3.34 billion in assets under management; and

Whereas, South Carolina's Future Scholar 529 College Savings Plan has accumulated national accolades from Morningstar, The Wall Street Journal, Money Magazine, and savingforcollege.com; and

Whereas, higher education results in both an enhanced quality of life for the citizens of South Carolina and an improved Palmetto State for all. Now, therefore,

Be it resolved by the Senate:

That the members of the South Carolina Senate, by this resolution, recognize Thursday, April 26, 2018, as "Future Scholar 529 Day" in South Carolina and urge all citizens to save for a college education by investing in the South Carolina Future Scholar 529 College Savings Plan.

Be it further resolved that a copy of this resolution be forwarded to Curtis M. Loftis, Jr., Treasurer of the State of South Carolina.