Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 34. PUBLIC FINANCE |
PART 1. COMPTROLLER OF PUBLIC ACCOUNTS |
CHAPTER 7. PREPAID HIGHER EDUCATION TUITION PROGRAM |
SUBCHAPTER A. GENERAL RULES |
§ 7.1. General Statement of Purpose |
§ 7.2. Definitions |
§ 7.3. Tax Exempt Status Requirements |
SUBCHAPTER B. BOARD MEETING GUIDELINES AND REQUIREMENTS |
§ 7.11. Board Officers |
§ 7.12. Meetings |
§ 7.13. Agenda for Board Meetings |
§ 7.14. Record of Meetings |
§ 7.15. Voting Procedures |
§ 7.16. Public Comment |
§ 7.17. Public Hearings |
§ 7.18. Complaints |
SUBCHAPTER C. BOARD RESPONSIBILITIES |
§ 7.21. General Responsibilities |
SUBCHAPTER D. EXECUTIVE DIRECTOR |
§ 7.31. General Responsibilities |
§ 7.32. Management Responsibilities |
§ 7.33. Delegated Responsibilities |
SUBCHAPTER E. APPLICATION, ENROLLMENT, PAYMENT, AND FEES |
§ 7.41. Application |
§ 7.42. Enrollment Period |
§ 7.43. Administrative Fees |
SUBCHAPTER F. TUITION |
§ 7.51. Tuition Paid |
§ 7.52. Maximum Tuition Credit Hours and Fees Paid |
§ 7.53. Supplemental Contracts |
§ 7.54. Application of Unused Credit Hours to Graduate Tuition |
SUBCHAPTER G. BENEFICIARIES |
§ 7.61. Qualified Beneficiary |
§ 7.62. Certification and Evidence of Residency |
§ 7.63. Change of Beneficiary |
§ 7.64. Purchasers |
SUBCHAPTER H. CONVERSION |
§ 7.71. Conversion |
SUBCHAPTER I. REFUNDS, TERMINATION |
§ 7.81. Refunds |
§ 7.82. Termination of Prepaid Tuition Contract |
§ 7.83. Termination of Program |
§ 7.84. Transfer of Benefits |
SUBCHAPTER J. DEFAULT |
§ 7.91. Default |
SUBCHAPTER K. HIGHER EDUCATION SAVINGS PLAN |
§ 7.101. Definitions |
§ 7.102. General Provisions |
§ 7.103. Tax Benefits and Securities Laws Exemptions |
§ 7.104. Enrollment |
§ 7.105. Administrative Fees and Service Charges |
§ 7.106. Plan Managers |
§ 7.107. Beneficiaries |
§ 7.108. Roll-Overs |
§ 7.109. Owners |
§ 7.110. Replacement of Beneficiary |
§ 7.111. Withdrawals |
SUBCHAPTER L. PREPAID TUITION UNIT UNDERGRADUATE EDUCATION PROGRAM: TEXAS TOMORROW FUND II |
§ 7.121. Application |
§ 7.122. Definitions |
§ 7.123. Tax Exempt Status Requirements |
§ 7.124. Prepaid Tuition Units: Purchase; Assigned Value; Types; Price |
§ 7.125. Redemption of Tuition Units |
§ 7.126. Prepaid Tuition Contract |
§ 7.127. Purchaser; Beneficiary |
§ 7.128. Contract Payment |
§ 7.129. Deferred Use of Prepaid Credit Hours |
§ 7.130. Change of Beneficiary |
§ 7.131. Purchaser Obligations and Requests |
§ 7.132. No Promise or Guarantee of Admission |
§ 7.133. Contract Termination |
§ 7.134. Default and Delinquency Conversion |
§ 7.135. Refunds |
§ 7.136. Transfer to Institutions on Redemptions of Tuition Units |
§ 7.137. Transfers Among 529 Plans |
§ 7.138. Recordkeeping for Certain Rollover Contributions |
§ 7.139. Actuarial Soundness of Fund |
§ 7.140. Suspension of New Enrollment; Program Modification or Termination |
§ 7.141. Effect of Program Termination on Contract |
§ 7.142. Statement Regarding Status of Prepaid Tuition Contract |
§ 7.144. Gift Contributions |
§ 7.145. Marketing Considerations |
SUBCHAPTER M. TEXAS SAVE AND MATCH PROGRAM |
§ 7.161. Purpose |
§ 7.162. Definitions |
§ 7.163. Texas Save and Match Program Administration |
§ 7.164. Certain Exemptions for the Board, Program Entity, and Nonprofit Scholarship Organizations |
§ 7.165. Initial Eligibility for Participation in Program Applicable to All Participants |
§ 7.166. Initial Eligibility for Participation in Program Applicable to Awards Made by the Board |
§ 7.167. Award Process for Awards Made by the Board |
§ 7.168. Redemption of Awards Made by the Board |
§ 7.169. Limitations Applicable to All Participants |
§ 7.170. Match Account Administration by Plan Manager |
§ 7.171. Texas Save and Match Trust Fund; Agreements between Board and Program Entity Regarding Program Entity Funds |
SUBCHAPTER N. TEXAS ACHIEVING A BETTER LIFE EXPERIENCE (ABLE) PROGRAM |
§ 7.181. Definitions |
§ 7.182. Tax Exempt Status Requirements |
§ 7.183. Participation Agreement |
§ 7.184. Designated Beneficiary and Eligible Individual |
§ 7.185. Participant |
§ 7.186. Fees and Other Charges |
§ 7.187. Contributions |
§ 7.188. Distributions |
§ 7.189. Rollovers |
§ 7.190. Change of Beneficiary |
§ 7.191. Change of Participant |
§ 7.192. Reporting |
§ 7.193. Account Termination |
§ 7.194. Investments |
§ 7.195. Refunds |
§ 7.196. Termination or Modification of Program |
§ 7.197. Program Limitations |
§ 7.198. ABLE Program Advisory Committee |