Utah Admin. Code R982-302-101 - Purpose and Authority for Education Savings Incentive Program and Statement of the Rules
(1) The purpose of
the Education Savings Incentive (ESI) Program, Title 35A, Chapter 9, Part 6 is
to provide an incentive to individuals and families experiencing
intergenerational poverty to save for higher education through the
establishment of a match program for eligible 529 educational savings
accounts.
(2) The Department of
Workforce Services is responsible to determine eligibility of individuals and
families for participation in the ESI Program and for administering the Program
in coordination with Utah Education Savings Plan and the State Tax
Commission.
(3) The legal authority
for this rule is found in Section
35A-9-603.
(4) This rule only applies to the ESI
program.
Notes
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