Sec. 62.1012. EXCLUSION OF ASSETS IN PREPAID TUITION PROGRAMS AND HIGHER EDUCATION SAVINGS PLANS  


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  • For purposes of determining whether a child meets family income and resource requirements for eligibility for the child health plan, the commission may not consider as income or resources a right to assets held in or a right to receive payments or benefits under:

    (1) any fund or plan established under Subchapter G, H, or I, Chapter 54, Education Code, including an interest in a savings trust account, prepaid tuition contract, or related matching account; or

    (2) any qualified tuition program of any state that meets the requirements of Section 529, Internal Revenue Code of 1986.

Added by Acts 2011, 82nd Leg., R.S., Ch. 1186 , Sec. 7, eff. June 17, 2011.