Revise NC 529 Program.

Summary

The bill creates a matching contribution program for eligible parents who save for a child’s education, giving $100 for every $50 contributed, up to $500 a year and $1,500 per student. It also adds a tax deduction of up to $2,000 (or $4,000 for joint filers) for contributions to the new Parental Savings Trust Fund. The measures target low‑income residents with young children and aim to boost college savings.

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