2022 House Bill 5900

Increase education savings account deductibility

Introduced in the House

March 15, 2022

Introduced by Rep. Nate Shannon (D-25)

To increase the cap on state income tax deductions for annual contributions to an education savings account, from $5,000 to $10,000 for a single filer, and twice that for joint returns.

Referred to the Committee on Tax Policy