2021 Senate Bill 463

Revise state education savings account details

Introduced in the Senate

May 20, 2021

Introduced by Sen. Jon Bumstead (R-34)

To revise details of a Michigan education savings program account so they conform with 2018 federal law modifications. The changes would allow account holders to use the money for apprenticeship program expenses and to repay principle and interest on college loans.

Referred to the Committee on Finance

Oct. 21, 2021

Reported without amendment

With the recommendation that the bill pass.

Nov. 2, 2021

Passed in the Senate 35 to 0 (details)

Received in the House

Nov. 2, 2021

Referred to the Committee on Education