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PA HB1799
Bill
Status
8/13/2025
Primary Sponsor
Patrick Gallagher
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AI Summary
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Expands Pennsylvania's 529 Tuition Account Programs to allow funds to be used for K-12 education expenses, registered apprenticeship program fees/books/supplies, and qualified education loan repayment, in addition to existing postsecondary education uses
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Establishes the Keystone Scholars Grant Program providing a $100 scholarship grant (plus accumulated investment earnings) to every child born in Pennsylvania after December 31, 2018, to be used for qualified higher education expenses at eligible institutions
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Department of Health must transmit birth record data to Treasury within 90 days of each eligible child's birth; parents/guardians are notified and may opt out of the program
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Program funding comes from excess assets in the Tuition Account Guaranteed Savings Program Fund (amounts exceeding 10% of actuarially determined liabilities), capped annually at $100 multiplied by the number of births in the Commonwealth; this funding mechanism expires December 31, 2030
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Eligible children include Pennsylvania residents at birth and at time of grant use, as well as adoptees whose adopting parents were PA residents at time of adoption decree; beneficiaries must be under age 29
Legislative Description
In tuition account programs, further providing for declaration of policy, for definitions, for Tuition Account Programs Bureau, for powers of department, for Tuition Account Guaranteed Savings Program, for Tuition Account Investment Program, for general provisions governing both tuition account programs and for Federal taxation; establishing the Keystone Scholars Grant Program and the Keystone Scholars Grant Program Account; and making a repeal.
Last Action
Referred to Finance
8/13/2025