H.R. 1896
Referred to CommitteeABLE to Work Act of 2017
Latest Action
Referred to the House Committee on Ways and Means.
4/4/2017 • House
Summary
ABLE to Work Act of 2017
This bill amends the Internal Revenue Code, with respect to ABLE accounts (tax-exempt savings accounts for persons with a disability), to allow: (1) an ABLE account beneficiary to make additional contributions to an ABLE account equal to the lesser of such beneficiary's compensation or an amount equal to the federal poverty line for a one-person household, and (2) a retirement savings tax credit for contributions to an ABLE account.
Introduced in House • 4/4/2017
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (50)
Party Breakdown
Sponsor
Cosponsors (49)
Bill Journey
Originated in the House
Introduced
April 4, 2017
Referred to the House Committee on Ways and Means.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law