SENATE DOCKET, NO. 658        FILED ON: 1/13/2009

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 1317

The Commonwealth of Massachusetts

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In the Year Two Thousand Nine

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An Act Relative to 529 College Savings Plans.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1.  Clause (a) of subsection B of section 3 of chapter 62 of the general laws, as appearing in the 2006 official edition, is hereby amended by inserting, after subclause (15) the following new subclause: -

(16) Amounts up $5,000 annually, or $10,000 annually for married persons filing jointly, contributed to a qualified tuition program under section 529 of the code established pursuant to chapter 15C of the general laws or other savings program established by chapter 15C of the general laws.