SB451 SFA #1 Takubo 2-1

Johnson  7909

Senator Takubo moved to amend the bill on page eighty, section four, line two, after “2019.” by inserting the following: The household income of an eligible student shall be less than $150,000 per year to qualify for the education savings account program.  For purposes of this article, the household income shall be the adjusted gross income claimed for federal income tax purposes by the biological parent or parents, legal guardian or guardians, custodian or custodians, or person or persons with legal authority to act on behalf of an eligible student plus any income of the eligible student.   The treasurer shall develop a process for verifying the income of any applicant for the education savings account. 

Adopted

Rejected