ORS 178.360: Consideration of amounts in accounts for higher education expenses in benefit eligibility determinations.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
Notwithstanding any provision of state law that requires consideration of one or more financial circumstances of an individual for the purpose of determining the eligibility to receive, or the amount of, any assistance or benefit authorized by law to be provided to or for the benefit of the individual, other than means-tested state financial aid for higher education, and to the extent permitted under federal law, any amount in an account established for higher education expenses of which the individual is an owner, including earnings on the account, any contributions to the account and any distribution for qualified higher education expenses, shall be disregarded for such purpose with respect to any period during which the individual maintains, makes contributions to or receives distributions from the account. [2018 c.80 §2] (ABLE Accounts for Qualified Disability Expenses)
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Cited by
- ORS 130.005: UTC 102. Scope.
- ORS 178.300: Definitions for ORS 178.300 to 178.360.
- ORS 178.305: Oregon 529 Savings Network.
- ORS 178.310: Oregon 529 Savings Board; membership.
- ORS 178.315: Board powers and duties; rules.
- ORS 178.320: Oregon 529 Savings Network Fund; College Savings Plan Subaccount; ABLE Subaccount.
- ORS 178.330: Annual report to Governor and Legislative Assembly.
- ORS 178.335: Network participation for higher education expenses; contribution limits; fees.
- ORS 178.350: Designated beneficiary of account for higher education expenses; confidentiality of account information.
- ORS 315.650: Higher education savings account or ABLE account contributions.
- ORS 315.653: Forfeiture of prior tax relief; disallowed withdrawal or distribution.
- ORS 316.680: Modification of taxable income.
- ORS 316.699: Subtraction for contributions to savings network account for higher education or ABLE account; limitations; carryforward.
- ORS 348.205: Oregon Opportunity Grant program; rules.
- ORS 458.685: Approved purpose of account; emergency withdrawal; withdrawal upon achievement of account purpose; removal of account holder from program.
- OAR 813-300-0120: Account Holder Use of Funds
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors178.html