HB 1150 — 529 college savings distributions.
Last action — First reading: referred to Committee on Ways and Means
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✓Introduced
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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 2025 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This bill is no longer active — its legislative session has ended, so there are no live odds of enactment.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
Excludes from Indiana adjusted gross income distributions made from a 529 college choice education savings plan (529 account) that are not used to pay qualified higher education expenses but that satisfy each of the requirements under Section 126 of the SECURE 2.0 Act of 2022. Provides that such distributions are not subject to the: (1) penalty provisions established by the board of directors of the Indiana education savings authority; or (2) repayment provisions for the income tax credit for contributions to an individual's 529 account.
Bill Text
We don't have the full text on file for this bill yet.
Read HB 1150 on the official Indiana source →Action History
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First reading: referred to Committee on Ways and Means
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Authored by Representative Prescott
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Coauthored by Representatives Manning, DeLaney, Rowray
Sponsors
- Elizabeth Rowray · Cosponsor
- Edward DeLaney · Cosponsor
- Ethan Manning · Cosponsor
- J.D. Prescott · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 3 co-sponsors · 146 not signed on
Sponsors (1)
- J.D. Prescott Republican
Co-sponsors (3)
- Elizabeth Rowray Republican
- Edward DeLaney Democrat
- Ethan Manning Republican
Not signed on (146)
146 members have not signed on to this bill.
Show all 146 →"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 1150 do?
- Excludes from Indiana adjusted gross income distributions made from a 529 college choice education savings plan (529 account) that are not used to pay qualified higher education expenses but that satisfy each of the requirements under Section 126 of the SECURE 2.0 Act of 2022. Provides that such distributions are not subject to the: (1) penalty provisions established by the board of directors of the Indiana education savings authority; or (2) repayment provisions for the income tax credit for contributions to an individual's 529 account.
- Who sponsors HB 1150?
- HB 1150 is sponsored by Elizabeth Rowray (Republican), Edward DeLaney (Democrat), Ethan Manning (Republican), and J.D. Prescott (Republican).
- What is the current status of HB 1150?
- This bill died with 2025 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 1150?
- Track HB 1150 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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