Utah Statutes
§ 35A-9-605 — Payment of match.
Utah·Title 35A Utah Workforce Services Code·Ch. 35A-9 Intergenerational Poverty Mitigation Act·Part 35A-9-6 Education Savings Incentive Program
(1)Subject to the other provisions of this section, the department shall transfer money appropriated from the Education Savings Incentive Restricted Account to the plan in the amount of each qualifying individual's match.
(2)The department shall send with the transfer described in Subsection (1), for each qualifying individual that is receiving a match:
(2)(a) the amount of the match for the qualifying individual;
(2)(b) the qualifying individual's allocation of the match among eligible 529 savings accounts; and
(2)(c) for each eligible 529 savings account into which the qualifying individual allocates the match:
(2)(c)(i) the name of the qualifying individual who is the account owner;
(2)(c)(ii) the name of the beneficiary; and
(2)(c)(iii) the account number.
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Legislative History
Enacted by Chapter 52, 2023 General Session
Nearby Sections
15
§ 35A-1-101
Title.§ 35A-1-102
Definitions.§ 35A-1-104
Department authority.§ 35A-1-104.1
Background checks for employees.§ 35A-1-105
Department budget -- Reports from divisions.§ 35A-1-106
Fees.§ 35A-1-109
Annual report -- Content -- Format.§ 35A-1-111
Certification for adoption tax credit.