GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2011

S                                                                                                                                                     1

SENATE BILL 247

 

 

Short Title:        Eliminate Means Test From 529 Deduction.

(Public)

Sponsors:

Senators Hartsell;  Atwater and Rucho.

Referred to:

Finance.

March 8, 2011

A BILL TO BE ENTITLED

AN ACT to eliminate the income threshold for contributions to an account in the parental savings trust fund of the state education assistance authority.

The General Assembly of North Carolina enacts:

SECTION 1.  Section 31.19(d) of S.L. 2007-323 is repealed.

SECTION 2.  This act is effective when it becomes law.