SIFMA provides comments to the California State Assembly offering its strong support for AB 1956, as recently amended. This legislation would allow California residents who contribute to any qualified 529 plan to obtain a tax credit worth 20% of the contribution, up to a maximum of $500.
SIFMA AMG, Alternative Investment Management Association (AIMA), American Council of Life Insurers (ACLI), American Property Casualty Insurance Association (APCIA), Blockchain…