SB 772 Removes the minimum time for holding investments in the Missouri Higher Education Savings Program
Sponsor: Scott
LR Number: 3986S.02T Fiscal Note: 3986-02T.ORG
Committee: Financial and Governmental Organizations and Elections
Last Action: 6/14/2010 - Signed by Governor Journal Page: S1959
Title: SCS SB 772 Calendar Position:
Effective Date: August 28, 2010
House Handler: Cunningham

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Current Bill Summary


SCS/SB 772 - Currently, the minimum time for holding investments in the Missouri Higher Education Savings Program is 12 months. The act removes that requirement.

The sunset provision governing the Missouri Higher Education Deposit Program, which is a nonexclusive alternative to the Missouri Higher Education Savings Program and administered by the Missouri Higher Education Savings Program Board, is also removed.

This act is similar to SB 213 (2009).

CHRIS HOGERTY