PRIOR PRINTER'S NO. 2229
PRINTER'S NO. 2283
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
1671
Session of
2019
INTRODUCED BY PEIFER, JUNE 24, 2019
AS AMENDED ON SECOND CONSIDERATION, HOUSE OF REPRESENTATIVES,
JUNE 27, 2019
AN ACT
Amending the act of April 3, 1992 (P.L.28, No.11), entitled "An
act providing for the establishment of two programs for
postsecondary educational savings, a guaranteed savings
program and an investment program; establishing the Tuition
Account Programs Bureau within the Treasury Department and
providing duties for the Treasury Department; establishing
tuition account funds; providing for Tuition Account Program
Contracts; providing for the establishment of scholarship
programs; and further providing for duties of the
Pennsylvania Higher Education Assistance Agency," in tuition
account program, further providing for declaration of policy,
for definitions, for Tuition Account Programs Bureau, for
powers of department, for Tuition Account Guaranteed Savings
Program, for Tuition Account Investment Program, for general
provisions governing both tuition account programs, for State
tax exemption and for Federal taxation; establishing the
Keystone Scholars Grant Program and the Keystone Scholars
Grant Program Account; and making a related repeal.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 301(5)(iv) of the act of April 3, 1992
(P.L.28, No.11), known as the Tuition Account Programs and
College Savings Bond Act, is amended to read:
Section 301. Declaration of policy.
The General Assembly finds and declares as follows:
* * *
<--
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26