Introduced
by
To eliminate money orders as a means of making disbursements from a Michigan education savings fund, and authorize electronic funds transfers. These tax-advantaged savings plans are administered by the state Department of Treasury, which makes the disbursements to colleges and universities on behalf of a plan’s beneficiary (the student).
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the House 105 to 0 (details)
Referred to the Committee on Finance
