SENATE DOCKET, NO. 658 FILED ON: 1/9/2009
SENATE .
. . . . . . . . . . . . . . No. 1317
The Commonwealth of Massachusetts
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PRESENTED BY:
O'Leary, Robert (SEN)
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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act Relative to 529 College Savings Plans
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PETITION OF:
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Name:
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District/Address:
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O'Leary, Robert (SEN)
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Cape and Islands
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James B. Eldridge
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Middlesex and Worcester
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Michael R. Knapik
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Second Hampden and Hampshire
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James E. Timilty
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Bristol and Norfolk
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Robert M. Koczera
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11th Bristol
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Benjamin B. Downing
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Berkshire, Hampshire and Franklin
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Karen E. Spilka
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Second Middlesex and Norfolk
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Susan C. Tucker
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Second Essex and Middlesex
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James B. Eldridge
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Middlesex and Worcester
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Bruce E. Tarr
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First Essex and Middlesex
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Mark C. Montigny
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Second Bristol and Plymouth
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The Commonwealth of Massachusetts
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In the Year Two Thousand and Nine
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An Act Relative to 529 College Savings
Plans .
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1.
Clause (a) of subsection B of section 3 of chapter 62 of the general laws, as appearing in the 2006 official edition, is hereby amended by inserting, after
subclause
(15) the following new
subclause
: -
(16) Amounts up $5,000 annually, or $10,000 annually for married persons filing jointly, contributed to a qualified tuition program under section 529 of the code established pursuant to chapter 15C of the general laws or other savings program established by chapter 15C of the general laws.