SB 1532: Individual Development Accounts
GENERAL BILL by Forman
Individual Development Accounts; requires DOR to amend Temporary Assistance for Needy Families State Plan to provide for use of funds for individual development accounts; specifies criteria & requirements for contributions to & purposes for use of such accounts; provides for procedures for withdrawals from such accounts; specifies certain organizations to act as fiduciary for certain purposes; provides for penalties for withdrawal of moneys for certain purposes, etc.
Effective Date: 10/1/1999 10/01/1999
Last Action: 4/30/1999 Senate - Died in Committee on Commerce and Economic Opportunities
Bill Text: Web Page | PDF
Last Action: 4/30/1999 Senate - Died in Committee on Commerce and Economic Opportunities
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/25/1999 | Senate |
• Prefiled |
| 3/2/1999 | Senate |
• Introduced, referred to Commerce and Economic Opportunities; Fiscal Policy -SJ 00101 |
| 4/30/1999 | Senate |
• Died in Committee on Commerce and Economic Opportunities |