- (1) The Department will work with State Finance and my529 to transfer funds to each eligible account by May 31st of each year until the termination of the program.
- (2) My529 shall receive a request from State Finance for deposit to each qualifying account through secure file transfer and verify when deposits have been made.
- (3) The Match rate for each family shall be determined as provided in Subsection 35A-9-603(2).
KEY: education savings incentive, intergenerational poverty
Date of Last Change: January 2, 2024
Authorizing, and Implemented or Interpreted Law: 35A-9-603(4)