---
type: "Bill"
title: "COLLEGE SAVINGS ACCOUNTS – Amends existing law to revise provisions regarding the taxation of nonqualified withdrawals from college savings accounts."
description: "COLLEGE SAVINGS ACCOUNTS – Amends existing law to revise provisions regarding the taxation of nonqualified withdrawals from college savings accounts."
jurisdiction: "us/states/id"
legislature: "Idaho Legislature"
session: "2020"
identifier: "H 551"
citation: "Idaho H 551 (2020)"
classification: ["bill"]
subjects: ["ACCOUNTS", "COLLEGES AND UNIVERSITIES", "EDUCATION", "MILITARY AND MILITIA", "SAVINGS ACCOUNTS", "STUDENTS"]
status: "enacted"
primary_sponsors: []
version_count: 1
action_count: 19
vote_count: 2
first_action: "2020-02-24"
last_action: "2020-03-20"
source: "openstates"
source_identifier: "ocd-bill/fcfbc969-a0d6-48c4-b828-5c6fee0849bc"
source_url: "http://legislature.idaho.gov/sessioninfo/2020/legislation/H0551/"
source_hash: "ebaaa7706f5fbd1c8e4aaefdc1f519290193ab3d7f8eb14c741b1ada40664b70"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-id"]
---

# Idaho H 551 (2020) — COLLEGE SAVINGS ACCOUNTS – Amends existing law to revise provisions regarding the taxation of nonqualified withdrawals from college savings accounts.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Bill Text** (committee substitute) — [source](http://legislature.idaho.gov/wp-content/uploads/sessioninfo/2020/legislation/H0551.pdf)

## Votes

- Rules Suspended: Ayes 63 Nays 0 Abs/Excd 7, read in full as required – — **70–0** (pass) · upper
- Read third time in full – — **32–0** (pass) · lower

## Sponsors

- REVENUE AND TAXATION COMMITTEE — primary (organization)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2020-02-24** Introduced, read first time, referred to JRA for Printing `introduction`
- **2020-02-24** Reported Printed and Referred to Revenue & Taxation
- **2020-02-28** Reported out of Committee with Do Pass Recommendation, Filed for Second Reading `committee-passage-favorable`
- **2020-03-02** Read second time; Filed for Third Reading
- **2020-03-02** Read second time; Filed for Third Reading
- **2020-03-02** Rules Suspended: Ayes 63 Nays 0 Abs/Excd 7, read in full as required – PASSED - 70-0-0AYES – Abernathy, Addis, Amador, Anderson, Anderst, Andrus, Armstrong, Barbieri, Berch, Blanksma, Boyle, Chaney, Chew, Christensen, Clow, Collins, Crane, Davis, DeMordaunt, Dixon, Ehardt, Ellis, Furniss, Gannon, Gestrin, Gibbs, Giddings, Goesling, Green, Harris, Hartgen, Holtzclaw, Horman, Kauffman, Kerby, Kingsley, Kiska, Lickley, Marshall, Mason, McCrostie, Mendive, Monks, Moon, Moyle, Necochea, Nichols, Palmer, Raybould, Raymond, Remington, Ricks, Rubel, Scott, Shepherd, Smith, Stevenson, Syme, Toone, Troy, Vander Woude, Wagoner, Wintrow, Wisniewski, Wood, Young, Youngblood, Zito, Zollinger, Mr. SpeakerNAYS – NoneAbsent – NoneFloor Sponsor - AmadorTitle apvd - to Senate `reading-3, passage`
- **2020-03-04** Received from the House passed; filed for first reading
- **2020-03-04** Introduced, read first time; referred to: Local Government & Taxation `introduction`
- **2020-03-11** Reported out of Committee with Do Pass Recommendation; Filed for second reading `committee-passage-favorable`
- **2020-03-12** Read second time; filed for Third Reading
- **2020-03-16** Retained on calendar
- **2020-03-17** Read third time in full – PASSED - 32-0-3AYES – Agenbroad, Anthon, Bair, Bayer, Brackett, Buckner-Webb, Burgoyne, Burtenshaw, Cheatham, Crabtree, Den Hartog, Guthrie, Harris, Heider, Hill, Johnson, Lakey, Lee, Lent, Lodge, Martin, Mortimer, Nye, Patrick, Rice, Souza, Stennett, Thayn, Vick, Ward-Engelking, Winder, WoodwardNAYS – NoneAbsent and excused – Grow, Jordan, NelsonFloor Sponsor - LeeTitle apvd - to House `reading-3, passage`
- **2020-03-18** Returned from Senate Passed; to JRA for Enrolling
- **2020-03-18** Reported Enrolled; Signed by Speaker; Transmitted to Senate
- **2020-03-18** Received from the House enrolled/signed by Speaker
- **2020-03-18** Signed by President; returned to House
- **2020-03-18** Returned Signed by the President; Ordered Transmitted to Governor
- **2020-03-19** Delivered to Governor at 2:40 p.m. on March 18, 2020
- **2020-03-20** Reported Signed by Governor on March 24, 2020 Session Law Chapter 245 Effective: Retroactive to 01/01/2020 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fcfbc969-a0d6-48c4-b828-5c6fee0849bc`. Confidence: reported (aggregated from official Idaho legislature records).