Bill Text: SC S1331 | 2015-2016 | 121st General Assembly | Introduced

South Carolina Senate Resolution 1331 (Prior Session Legislation)

Introduced

Bill Title: 529 Day

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2016-05-19 - Referred to Committee on Finance [S1331 Detail]

Download: South_Carolina-2015-S1331-Introduced.html

A SENATE RESOLUTION

TO DECLARE SUNDAY, MAY 29, 2016, AS "529 DAY" IN THE PALMETTO STATE 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 State Treasurer administers the Future Scholar 529 College Savings Plan; and

Whereas, South Carolina's Future Scholar 529 College Savings Plan has 127,000 accounts enrolled and $2.5 billion in accounts 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, the pursuit of a 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, declare Sunday, May 29, 2016, as "529 Day" in the Palmetto State 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 the South Carolina.