Indiana 2023 Regular Session Status: In Committee 2 R cosponsors

HB 1633 — Student 529 account funding.

Last action — First reading: referred to Committee on Education

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2023 Regular Session. It reached “In Committee” 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This bill is no longer active — its legislative session has ended, so there are no live odds of enactment.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

Provides that when a person who receives Medicaid has a child born after December 31, 2023, the treasurer of state (treasurer) shall open a college choice 529 education savings plan (529 plan) in the child's name and make a deposit of $250 into the account. Provides that if the student completes one or more age appropriate career exploration activities as determined by the state board of education, and if the child's parent makes certain contributions to the 529 plan, the treasurer shall continue to make intermittent deposits into the 529 plan throughout the child's kindergarten through grade 12 education. Provides that contributions made by a parent to a 529 plan are eligible for a credit against a taxpayer's adjusted gross income. Provides that a parent making a contribution to a 529 plan shall report the contribution to the treasurer. Provides that if a parent contributes volunteer hours to the child's school in lieu of making a contribution to a 529 plan, the child's school shall report the contribution of volunteer hours to the treasurer. Provides that a person in attendance at a live birth shall report to the local health officer whether or not the mother is receiving Medicaid and advise the mother that a 529 plan is being established. Provides that the treasurer shall provide all relevant information to a parent receiving Medicaid regarding the 529 plan contribution program available to a parent receiving Medicaid.

Bill Text

We don't have the full text on file for this bill yet.

Read HB 1633 on the official Indiana source →

Action History

  1. First reading: referred to Committee on Education

  2. Authored by Representative Behning

  3. Coauthored by Representatives Goodrich and Teshka

Sponsors

Sponsorship breakdown

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1 sponsors · 2 co-sponsors · 147 not signed on

Sponsors (1)

Co-sponsors (2)

Not signed on (147)

147 members have not signed on to this bill.

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"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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance education
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Frequently asked questions

What does HB 1633 do?
Provides that when a person who receives Medicaid has a child born after December 31, 2023, the treasurer of state (treasurer) shall open a college choice 529 education savings plan (529 plan) in the child's name and make a deposit of $250 into the account. Provides that if the student completes one or more age appropriate career exploration activities as determined by the state board of education, and if the child's parent makes certain contributions to the 529 plan, the treasurer shall continue to make intermittent deposits into the 529 plan throughout the child's kindergarten through grade 12 education. Provides that contributions made by a parent to a 529 plan are eligible for a credit against a taxpayer's adjusted gross income. Provides that a parent making a contribution to a 529 plan shall report the contribution to the treasurer. Provides that if a parent contributes volunteer hours to the child's school in lieu of making a contribution to a 529 plan, the child's school shall report the contribution of volunteer hours to the treasurer. Provides that a person in attendance at a live birth shall report to the local health officer whether or not the mother is receiving Medicaid and advise the mother that a 529 plan is being established. Provides that the treasurer shall provide all relevant information to a parent receiving Medicaid regarding the 529 plan contribution program available to a parent receiving Medicaid.
Who sponsors HB 1633?
HB 1633 is sponsored by Jake Teshka (Republican), Chuck Goodrich, and Robert Behning (Republican).
What is the current status of HB 1633?
This bill died with 2023 Regular Session. It reached “In Committee” 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 1633?
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Last checked for changes 3 months ago · updated continuously

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