HB 962

Georgia House bill in Session 1033.

Status: in_committee. Latest action: March 6, 2026.

Georgia Higher Education Savings Plan; Board of Directors shall determine maximum contribution limit for savings trust accounts; provide.

Bill ID GA-1033-HB-962
Session 1033
Status in_committee
Committee Ways & Means | Higher Education
House in_committee 2026-03-06
Education
Summary

A BILL to be entitled an Act to amend Code Section 20-3-634 of the Official Code of Georgia Annotated, relating to savings trust accounts, availability, and terms and provisions relative to the Georgia Higher Education Savings Plan, so as to provide that the Board of Directors of the Georgia Higher Education Savings Plan shall determine the maximum contribution limit for savings trust accounts; to amend Code Section 48-7-27, relating to computation of taxable net income, so as to modify an exemption from taxable net income for contributions to certain education savings plans; to provide for an effective date and applicability; to provide for related matters; to repeal conflicting laws; and for other purposes.

Sponsor
Martin, Chuck
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-14 Introduced Bill introduced
2026-03-06 Status in_committee
2026-03-06 Latest Action Senate Read and Referred
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