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Advocates urge Massachusetts to expand 529 deduction, citing gains in participation

Massachusetts Legislature Joint Committee on Revenue · November 18, 2025
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Summary

The Association of Independent Colleges and Universities in Massachusetts backed bills to raise the state 529 deduction, citing past increases in new accounts and contributions and urging alignment with larger deductions offered in other states.

The Joint Committee on Revenue heard testimony urging lawmakers to expand Massachusetts’ tax deduction for 529 college savings plans. Brad Freeman, vice president for government relations at the Association of Independent Colleges and Universities in Massachusetts (ACAM), told the committee ACAM "strongly supports" Senate Bill 2066 and…

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