· OR legislature · 2025R1

Relating to individual development accounts.

Removes the annual cap on matching funds that an individual development account holder may accrue. Establishes a cap on total matching funds that the account holder may accrue. [<i>Provides for the modification of the cap to account for effects of inflation.</i>].

Sponsor

Suzanne Weber (R-OR)

Introduced

2025-01-13

Policy area

Economics and Public Finance

Latest action

Effective date, January 1, 2026.