2005 Minnesota Statutes - 136G.01 — Plan established.

     136G.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) by encouraging individuals, foundations, and businesses 
 to provide additional grants to participating students. 


    HIST: 1997 c 183 art 2 s 12; 1Sp2001 c 1 art 3 s 2,23; 2003 c 
 133 art 3 s 4