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House amends higher‑education savings program rules; sponsor highlights fund size

Utah House of Representatives (floor session) · February 16, 2005
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Summary

House Bill 102 makes technical changes to the Higher Education Savings Incentive Plan; sponsor Scott Wyatt noted the program holds nearly $1 billion, with 92% invested by non‑residents, and the bill clarifies operations such as hiring investment advisers under state procurement rules. The House passed the bill unanimously.

House Bill 102, amendments to the Higher Education Savings Incentive Program, passed the House on Feb. 15 after brief floor discussion.

Sponsor Scott Wyatt said the program "has nearly a billion dollars invested in it" and that "92% of…

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