Introduced
by
To allow estates and trusts to be Michigan Education Savings Account owners; allow the program manager to retain the amount necessary to comply with federal and state tax laws from any distributions; and allow an account owner to transfer an account to a 501(c)(3) tax exempt organization, an estate, or a trust.
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 104 to 0 (details)
Received
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 37 to 0 (details)
To allow estates and trusts to be Michigan Education Savings Account owners; allow the program manager to retain the amount necessary to comply with federal and state tax laws from any distributions; and allow an account owner to transfer an account to a 501(c)(3) tax exempt organization, an estate, or a trust.