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Senate Bill 0365


Senate Bill 0365

ARCHIVE (2012)

Latest Information

 

DIGEST OF INTRODUCED BILL


Uses for individual development accounts. Specifies that money deposited into an individual development account (account) may be used to purchase or repair an automobile that is or will be used by a qualifying individual or the individual's dependent to pursue educational, training, or employment opportunities. Specifies that money withdrawn from an account and used for this purpose is not subject to the adjusted gross income tax.
    Current Status:
     In Committee - first House
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