Amendment 2025-0588h to HB402 (2025)

Relative to liability as taxable income of education freedom account payments.


Revision: Feb. 26, 2025, 9:01 a.m.

Rep. Almy, Graf. 17

February 25, 2025

2025-0588h

07/05

 

 

Amendment to HB 402

 

Amend the bill by replacing section 2 with the following:

 

2  Education; Education Freedom Accounts; Program.  Amend RSA 194-F:2, VI to read as follows:

VI. Funds deposited in an EFA shall not constitute taxable income to the parent or the EFA student by the state, but may be subject to federal taxation.