H 3206
An Act relative to fossil fuel free 529s
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Bill overview
This bill would allow Massachusetts residents to invest in 529 college savings plans that exclude investments in fossil fuels. It aims to align these savings programs with environmental sustainability goals by encouraging investments in renewable energy and other environmentally friendly sectors. The bill seeks to provide a way for individuals to support green initiatives while saving for their children’s education. Currently, many 529 plans include investments in companies involved in the fossil fuel industry.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Steven Owens
Cosponsors
Danillo A. Sena
Joanne M. Comerford
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Bill H.3206 194th (Current)
An Act relative to fossil fuel free 529s
By Representative Owens of Watertown, a petition (accompanied by bill, House, No. 3206) of Steven Owens and others relative to fossil fuel free investment options within prepaid tuition programs or college savings programs. Revenue.
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Bill Information
Bill Information
Presenter: Steven Owens Status: Referred to House Committee on Ways and Means
Tabs
Bill History Petitioners Committee Summary Hearing Attendance
Bill History
Displaying 6 actions for Bill H.3206
| Date | Branch | Action |
| 2/27/2025 | House | Referred to the committee on Revenue |
| 2/27/2025 | Senate | Senate concurred |
| 7/1/2025 | Joint | Hearing scheduled for 07/15/2025 from 10:00 AM-01:00 PM in A-1 |
| 10/15/2025 | House | Reporting date extended to Thursday, December 18, 2025 |
| 12/18/2025 | House | Reporting date extended to Friday, February 20, 2026 |
| 2/26/2026 | House | Bill reported favorably by committee and referred to the committee on House Ways and Means |
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