2002 Minnesota Statutes

     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 
 post-secondary education by: 

    (1) providing a qualified state 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