Removes the annual cap on matching funds that an individual development account holder may accrue. Digest: The Act removes the annual cap on matching funds for IDA holders and creates a cap on total matching funds. (Flesch Readability Score: 71.2).
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. Provides for the modification of the cap to account for effects of inflation.
Oregon Legislative Assembly - Public Testimony Registration Form
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SB 465
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