Kansas Administrative Regulations
Agency 3 - KANSAS STATE TREASURER
Article 4 - LOW-INCOME FAMILY POSTSECONDARY SAVINGS ACCOUNTS INCENTIVE PROGRAM
Section 3-4-4 - Eligibility period
Universal Citation: KS Admin Regs 3-4-4
Current through Register Vol. 43, No. 12, March 20, 2024
Each participant shall be entitled to a matching grant equal to the amount of the account owner's contributions to the participant account for the program year in which the account owner's application is approved. The program year shall coincide with the period designated for contributions that are eligible for the deduction pursuant to K.S.A. 79-32,117(c)(xv) and amendments thereto. Each account owner shall reapply each program year to remain eligible for the program. A participant shall not be eligible during a program year in which a qualified or nonqualified withdrawal is taken from the participant account.
This regulation shall be effective on and after January 1, 2010.
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