Utah Code Title 35A. Utah Workforce Services Code § 35A-9-601. Definitions

(1) “529 savings account” means a tax-advantaged method of saving for higher education costs that:

(2) “Beneficiary” means the individual designated:

(3) “Commission” means the State Tax Commission.

(4) “Deposit” means the payment of money from a source other than a match.

(5) “Eligible 529 savings account” means a 529 savings account for which:

(6) “Federal earned income tax credit” means the federal earned income tax credit:

(7) “Match” means the monetary amount described in Subsection 35A-9-603(2).

(8) “Minor dependent” means an individual under 19 years old for whom a qualifying individual can claim a tax credit under Section 24, Internal Revenue Code, on the qualifying individual's federal income tax return for the taxable year.

(9) “Plan” means the Utah Educational Savings Plan created in Section 53B-8a-103.

(10) “Program” means the Education Savings Incentive Program created in Section 35A-9-603.

(11) “Qualifying individual” means an individual who the department identifies as experiencing intergenerational poverty and who has not been disqualified from participating in the program for overclaiming a match in a previous year.