District of Columbia § 47-4501 Definitions.

District of Columbia Statutes

§ 47-4501 — Definitions.

District of Columbia § 47-4501

Title 47Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]

Ch. 45College Savings Program.

This text of District of Columbia § 47-4501 (Definitions.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 47-4501 (2026).

Text

For the purposes of this chapter, the term:

(1)“Account” means a college savings account established under § 47-4503 .

(2)“Account owner” means the individual or organization who enters into a college savings agreement under this chapter establishing an account. The account owner may also be the designated beneficiary of the account.

(3)Repealed.

(4)“Designated beneficiary” shall have the same meaning as in section 529(e)(1) of the Internal Revenue Code [26 U.S.C. § 529(e)(1)].

(5)“Eligible institution” shall have the same meaning as “eligible educational institution” in section 529(e)(5) of the Internal Revenue Code [26 U.S.C. § 529(e)(5)].

(6)“Internal Revenue Code” means the Internal Revenue Code of 1986, approved October 22, 1986 (100 Stat. 2085; 26 U.S.C. § 1 et seq.). (7

Free access — add to your briefcase to read the full text and ask questions with AI

For the purposes of this chapter, the term:

(1) “Account” means a college savings account established under § 47-4503 .

(2) “Account owner” means the individual or organization who enters into a college savings agreement under this chapter establishing an account. The account owner may also be the designated beneficiary of the account.

(3) Repealed.

(4) “Designated beneficiary” shall have the same meaning as in section 529(e)(1) of the Internal Revenue Code [26 U.S.C. § 529(e)(1)].

(5) “Eligible institution” shall have the same meaning as “eligible educational institution” in section 529(e)(5) of the Internal Revenue Code [26 U.S.C. § 529(e)(5)].

(6) “Internal Revenue Code” means the Internal Revenue Code of 1986, approved October 22, 1986 (100 Stat. 2085; 26 U.S.C. § 1 et seq.).

(7) “Member of the family” shall have the same meaning as in section 529(e)(2) of the Internal Revenue Code [26 U.S.C. § 529(e)(2)].

(8) “Program” means the District of Columbia College Savings Program established under § 47-4502 , including the Trust established therewith.

(9) “Qualified higher education expenses” shall have the same meaning as in section 529(e)(3) of the Internal Revenue Code [26 U.S.C. § 529(e)(3)].

(10) “Qualified withdrawal” means a withdrawal from an account to pay the qualified higher education expenses of the designated beneficiary of the account.

(11) “Trust” means the District of Columbia College Savings Program Trust established under § 47-4502 .

(12) “Trustee” means the trustee of the District of Columbia College Savings Program Trust.

Legislative History

Mar. 31, 2001, D.C. Law 13-212, § 2(b), 47 DCR 9457; June 5, 2003, D.C. Law 14-307, § 2402(b), 49 DCR 11664; May 2, 2015, D.C. Law 20-271, § 267(a), 62 DCR 1884