Trey Paradee
- Democratic
- Senator
- District 17
This bill would allow Delaware residents two new deductions from personal income tax. The first is a deduction from taxable income of up to $2,500 for contributions to a “529” College Savings Plan. The second is a deduction from taxable income of up to $2,500 for contributions to a “529A” Savings Account – a special account for meeting the needs of certain individuals with disabilities. Under this Act, a Delaware resident taxpayer would be eligible for the deduction regardless of whether they made a contribution to a 529 or 529A plan sponsored by the State of Delaware or another state or institution, so long as the plans met federal criterion.
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Amendment HA 2 to HB 148 - Introduced and Placed With Bill
Amendment HA 1 to HB 148 - Introduced and Placed With Bill
Reported Out of Committee (Revenue & Finance) in House with 9 On Its Merits
Introduced and Assigned to Revenue & Finance Committee in House
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