Bill Text - HB1621 (2018)

Repealing the waiting period for federal regulations governing achieving a better life experience accounts.


Revision: Nov. 13, 2017, 7:54 a.m.

HB 1621 - AS INTRODUCED

 

 

2018 SESSION

18-2528

06/08

 

HOUSE BILL 1621

 

AN ACT repealing the waiting period for federal regulations governing achieving a better life experience accounts.

 

SPONSORS: Rep. Chandley, Hills. 22

 

COMMITTEE: State-Federal Relations and Veterans Affairs

 

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ANALYSIS

 

This bill repeals the waiting period for Internal Revenue Service regulations on ABLE savings accounts.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

18-2528

06/08

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Eighteen

 

AN ACT repealing the waiting period for federal regulations governing achieving a better life experience accounts.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  Repeal.  RSA 195-K:5, I, relative to waiting period for Internal Revenue Service regulations on ABLE savings accounts, is repealed.

2  Effective Date.  This act shall take effect 60 days after its passage.