Senate File 2301 S-5067 Amend Senate File 2301 as follows: 1 1. Page 1, line 1, by striking < e and g > and 2 inserting < e, g, and i > 3 2. Page 1, by striking lines 9 through 17 and 4 inserting: 5 < i. “Participant” means any of the following 6 persons that have entered into a participation 7 agreement under this chapter for the advance payment of 8 higher education costs on behalf of a beneficiary: 9 (1) An individual. 10 (2) An individual’s legal representative. 11 (3) A trust. 12 (4) An estate. 13 (5) An organization described in section 501(c)(3) 14 of the Internal Revenue Code and exempt from taxation 15 under section 501(a) of the Internal Revenue Code, 16 provided the organization does not allow any person 17 making a contribution to the organization to designate 18 that any part of the contribution be used for the 19 direct benefit of any dependent of the contributor or 20 any other beneficiary designated by the contributor. > 21 ______________________________ JANET PETERSEN -1- SF2301.2978 (1) 86 mm/sc 1/ 1 #1. #2.