HB 259 — AN ACT TO AMEND TITLE 30 OF THE DELAWARE CODE RELATING TO COLLEGE SAVINGS AND “ABLE” SAVINGS ACCOUNTS.
Last action — Introduced in House and Assigned to Revenue & Finance Committee
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1Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 150th General Assembly (2019-2020). It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.
Summary
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 $5,000 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.
Bill Text
- Bill Text View text Current pdf
Action History
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Introduced in House and Assigned to Revenue & Finance Committee
Sponsors
- Michael F. Smith · Cosponsor
- Bryan W. Shupe · Cosponsor
- Debra Heffernan · Cosponsor
- William Bush · Cosponsor
- Laura V. Sturgeon · Cosponsor
- Stephanie L. Hansen · Cosponsor
- Kendra Johnson · Primary
- Trey Paradee · Primary
- Krista Griffith · Primary
Sponsorship breakdown
Export CSV (upgrade) →3 sponsors · 6 co-sponsors · 53 not signed on
Sponsors (3)
- Kendra Johnson Democratic
- Trey Paradee
- Krista Griffith Democratic
Co-sponsors (6)
- Michael F. Smith Republican
- Bryan W. Shupe Republican
- Debra Heffernan Democratic
- William Bush Democratic
- Laura V. Sturgeon
- Stephanie L. Hansen Democratic
Not signed on (53)
53 members have not signed on to this bill.
Show all 53 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HB 259 do?
- 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 $5,000 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.
- Who sponsors HB 259?
- HB 259 is sponsored by Michael F. Smith (Republican), Bryan W. Shupe (Republican), Debra Heffernan (Democratic), William Bush (Democratic), Laura V. Sturgeon, Stephanie L. Hansen (Democratic), Kendra Johnson (Democratic), Trey Paradee, and Krista Griffith (Democratic).
- What is the current status of HB 259?
- This bill died with 150th General Assembly (2019-2020). It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HB 259?
- Track HB 259 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 2 months ago · updated continuously
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