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| 2 | 2 | | SENATE DOCKET, NO. 1705 FILED ON: 1/16/2025 |
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| 3 | 3 | | SENATE . . . . . . . . . . . . . . No. 2066 |
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| 4 | 4 | | The Commonwealth of Massachusetts |
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| 5 | 5 | | _________________ |
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| 6 | 6 | | PRESENTED BY: |
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| 7 | 7 | | Jacob R. Oliveira |
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| 8 | 8 | | _________________ |
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| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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| 10 | 10 | | Court assembled: |
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| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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| 12 | 12 | | An Act relative to increasing 529 deductions. |
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| 13 | 13 | | _______________ |
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| 14 | 14 | | PETITION OF: |
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| 15 | 15 | | NAME:DISTRICT/ADDRESS :Jacob R. OliveiraHampden, Hampshire and Worcester 1 of 1 |
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| 16 | 16 | | SENATE DOCKET, NO. 1705 FILED ON: 1/16/2025 |
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| 17 | 17 | | SENATE . . . . . . . . . . . . . . No. 2066 |
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| 18 | 18 | | By Mr. Oliveira, a petition (accompanied by bill, Senate, No. 2066) of Jacob R. Oliveira relative |
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| 19 | 19 | | to increasing college savings plan deductions. Revenue. |
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| 20 | 20 | | [SIMILAR MATTER FILED IN PREVIOUS SESSION |
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| 21 | 21 | | SEE HOUSE, NO. 2964 OF 2021-2022.] |
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| 22 | 22 | | The Commonwealth of Massachusetts |
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| 23 | 23 | | _______________ |
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| 24 | 24 | | In the One Hundred and Ninety-Fourth General Court |
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| 25 | 25 | | (2025-2026) |
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| 26 | 26 | | _______________ |
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| 27 | 27 | | An Act relative to increasing 529 deductions. |
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| 28 | 28 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 29 | 29 | | of the same, as follows: |
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| 30 | 30 | | 1 Subparagraph (19) of paragraph (a) of section 3 of chapter 62 of the general laws, as |
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| 31 | 31 | | 2appearing in the 2022 official edition, is hereby amended by striking out the figure “$1,000” and |
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| 32 | 32 | | 3inserting in place thereof the following: “$5,000”. |
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| 33 | 33 | | 4 Said subparagraph, as so appearing, is hereby further amended by striking out the figure |
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| 34 | 34 | | 5“$2,000” and inserting in place thereof the following “$10,000”. |
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