2008 Senate Bill 1635

Revise individual development accounts purpose

Introduced in the Senate

Nov. 12, 2008

Introduced by Sen. Mark Jansen (R-28)

To authorize the use of money in individual development accounts created for low income individuals to buy energy efficient home improvement products and appliances. Under current law the money can be used for education expenses, a home purchase or a business start-up.

Referred to the Committee on Families and Human Services

Dec. 2, 2008

Reported without amendment

With the recommendation that the bill pass.

Passed in the Senate 36 to 0 (details)

Received in the House

Dec. 2, 2008

Referred to the Committee on Banking and Financial Services