House of Representatives
State of Utah
UTAH STATE CAPITOL COMPLEX . 350 STATE CAPITOL
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P.O. BOX 145030 . SALT LAKE CITY, UTAH 84114-5030 . (801) 538-1029 February 24, 2012
Madam Speaker:
The Education Committee recommends H.B. 123, EDUCATION SAVINGS ACCOUNTS, by
Representative J. Dougall, be replaced and reports a favorable recommendation on 1st Sub. H.B. 123,
EDUCATION SAVINGS ACCOUNTS with the following amendments:
Francis D. Gibson
1. Page
5, Lines 121 through 122
:
121
(b) The maximum number of education savings accounts that may exist for any year
of
122
the pilot project is
2,500
}
500
.
2. Page
6, Lines 164 through 165
:
164
(9) (a) The State Board of Education shall close an education savings account
10
}
six
years
165
after the account is opened.
Respectfully,
Committee Chair
Voting: 8-6-1
7 HB0123.HC1.wpd 2/24/12 7:42 pm csteffen/CCS AOS/CCS
Bill Number
*HB0123S01*
HB0123S01