SB465: Relating to individual development accounts.
Legislative Summary
The Act removes the annual cap on matching funds for IDA holders and creates a cap on total matching funds. (Flesch Readability Score: 71.2). Removes the annual cap on matching funds that an individual development account holder may accrue. Establishes a cap on total matching funds that the account holder may accrue. [Provides for the modification of the cap to account for effects of inflation.].
Demographic Impact
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Bill History
Amendments
Senate Committee On Human Services Amendment #-1
Senate Committee On Human Services (2025-02-18)
