UW System Position on Bills Introduced in the Legislature During the 2005-2006 Session
Tax Credits for College Savings Account or Tuition and Expenses program
(Kreibich) Creates nonrefundable individual income tax credits for amounts contributed to a college savings account or a college tuition and expenses program. This bill also creates two nonrefundable individual income tax credits based on amounts paid by an individual into an EdVest I and EdVest II account and the individual’s marginal tax rate. Also under the bill, the credits for amounts contributed to both EdVest I and EdVest II may be claimed by a divorced or legally separated parent of a child without regard to whether the child is his or her dependent.
To Colleges and Universities Committee
UW System Position
SUPPORT: Allows the Courts to move efficiently to dispense with many of the kinds of citations issued in campus jurisdictions.