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Bill

HCR 64

RECOGNIZING MAY 29TH AS “DE529 DAY”.

153rd General Assembly (2025-2026) Introduced by Bill Bush and 8 co-sponsors

Delaware designates May 29th as "DE529 Day" to promote awareness of tax-advantaged education savings accounts, though the measure is ceremonial without regulatory or budgetary effects.

Passed By Senate. Votes: 19 YES 2 ABSENT
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WeVote Research Nonpartisan
Bill Summary · HCR 64

Legislative bill overview

HCR 64 is a ceremonial resolution that designates May 29th as "DE529 Day" in Delaware. The bill recognizes and promotes awareness of 529 college savings plans, which are tax-advantaged education investment accounts named after Section 529 of the Internal Revenue Code.

Why is this important

529 plans are significant financial tools that allow families to save for education expenses with tax benefits, and designating an awareness day could encourage more Delaware residents—particularly lower and middle-income families—to utilize these savings vehicles. Educational savings plans directly impact household financial security and college affordability, which are substantive policy concerns even though this particular bill is merely symbolic.

Potential points of contention

  • Symbolic vs. substantive: This is a ceremonial resolution with no regulatory power or budget impact, making it a low-stakes gesture that some may view as performative rather than addressing actual barriers to college savings
  • Private sector promotion: The resolution effectively provides official state recognition to a financial product, which could be seen as government endorsement of particular investment vehicles without substantive policy changes
  • Limited reach: An awareness day alone does little for families facing genuine obstacles to saving (low income, lack of financial literacy, competing expenses), so the practical benefit may be minimal

Compiled from official sources — confirm details with the bill’s official record.

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