90th General Assembly
Summary of HB0396
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House Sponsors:
ERWIN.

Short description: 
EDUCATE FOR FUTURE TODAY ACT                                               

Synopsis of Bill as introduced:
        Creates the Education for the Future Today Act.  Provides  for  a      
   program  of  contracts  administered  by  the  State Treasurer for the      
   purchase of future college tuition payments for  persons  born  on  or      
   after  December  1,  1982.   Limits  the State's full faith and credit      
   obligation to $5,000,000.  Amends the State Finance Act to create  the      
   necessary special fund within the State treasury.                           
          FISCAL NOTE (Treasurer's Office)                                     
          HB396 would cost an estimated $1 million annually.                   
          STATE MANDATES FISCAL NOTE                                           
          In the opinion of DCCA, HB396 fails to create a State mandate.       
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status