State Codes and Statutes
Statutes > Minnesota > 135A-137 > 136G > 136G_01136G.01 PLAN ESTABLISHED.
A college savings plan known as the Minnesota college savings plan is established. In establishing this plan, the legislature seeks to encourage individuals to save for postsecondary education by:
(1) providing a qualified tuition plan under federal tax law;
(2) providing matching grants for contributions to the program by low- and middle-income families; and
(3) encouraging individuals, foundations, and businesses to provide additional grants to participating students.
History:
1997 c 183 art 2 s 12; 1Sp2001 c 1 art 3 s 2,23; 2003 c 133 art 3 s 4
