Relating to the Iowa educational savings plan trust by permitting the use of funds for certain beneficiaries to attend out-of-state elementary or secondary schools, and including retroactive applicability provisions

Where it is now

1. ✓
   Done: IntroducedJanuary 16, 2020
2. ✓
   Done: SubcommitteeJanuary 27, 2020
3. ✓
   Done: House committeeFebruary 10, 2020
4. ✓
   Done: Passes the HouseFebruary 26, 2020
5. ✓
   Done: Senate committeeMarch 4, 2020
6. ✓
   Done: Passes the SenateJune 3, 202049–0
7. ✓
   Done: To the GovernorJune 16, 2020
8. ✓
   Done: Signed into lawJune 29, 2020

Signed into law What’s a funnel?

Senate subcommittee

Named February 27, 2020. On March 4, 2020 it recommended passage.

• Sen. Tim Kraayenbrink REmail
• Sen. Chris Cournoyer R
• Sen. J. Smith

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Fiscal note

Less revenue: up to $175,000 Compare with other bills

The expansion of the Iowa Educational Savings Plan Trust individual income tax exemption is projected to reduce net General Fund revenue by $175,000 in FY 2021 through FY 2024, and $145,000 in succeeding fiscal years.

• Final Fiscal Note – 529 Plan, Out-of-State Private Schools, Special Needs · July 9, 2020
• 529 Plan, Out-of-State Private Schools, Special Needs · February 18, 2020

Nonpartisan cost estimates from the Legislative Services Agency’s Fiscal Services Division. The newest is first. Reading a fiscal note

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.