Utah Code 53B-8a-302. Report of information to Department of Workforce Services
Current as of: 2024 | Check for updates
|
Other versions
Within 30 days of receiving the report described in Subsection 35A-9-604(3), the plan shall provide an electronic report to the department that lists:
(1) the total amount of deposits:
Terms Used In Utah Code 53B-8a-302
- Account owner: means a person, estate, or trust, if that person, estate, or trust has entered into an account agreement under this chapter to save for the higher education costs on behalf of a beneficiary. See Utah Code 53B-8a-102
- Department: means the Department of Workforce Services created in Section 35A-1-103. See Utah Code 53B-8a-301
- Plan: means the Utah Educational Savings Plan created in Section 53B-8a-103. See Utah Code 53B-8a-102
- Qualifying individual: means the same as that term is defined in Section 35A-9-601, except that the term is limited to individuals for whom the department sends information in accordance with Subsection 35A-9-604(3). See Utah Code 53B-8a-301
(1)(a) during the calendar year for which the department makes the request; and
(1)(b) for each 529 savings account of which a qualifying individual is an account owner; and
(2) the account number and the name of the beneficiary for each 529 savings account:
(2)(a) into which a deposit was made; and
(2)(b) for which a qualifying individual is an account owner.