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Senate moves bill to equalize state tax treatment for 529 plans to third-reading calendar
Summary
SB177, which would give parity to residents investing in out-of-state or third-party 529 plans (UESP parity), was debated on the floor and moved to the third reading calendar after senators raised fiscal-note questions and policy concerns about preserving the Utah state plan.
Senate Bill 177, addressing parity for Utah Education Savings Plan (UESP) and other 529 plans, was discussed on the Senate floor on Feb. 22, 2007, and placed on the third reading calendar for continued consideration.
Sponsor Senator Niederhauser said the bill would create parity between Utah’s plan and other 529 plans administered by…
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