529 PLANS

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Most Senators support 529 tax permanency

(March 20, 2006) - There are now 62 Senate co-sponsors of legislation to make the 529 tax exclusion permanent, according to the National Association of State Treasurers (NAST). Senate Bill 1112 was introduced in May 2005. In addition, a companion bill in the House of Representatives (H.R. 2386) has 121 House members signed on as co-sponsors.

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