S. 817
Referred to CommitteeABLE Age Adjustment Act
Introduced 4/4/2017•115th Congress•Senate
Latest Action
Read twice and referred to the Committee on Finance.
4/4/2017 • Senate
Summary
ABLE Age Adjustment Act
This bill amends the Internal Revenue Code, with respect to qualified ABLE programs, to increase the age threshold for eligibility for such programs from 26 to 46. (Tax-favored ABLE [Achieving a Better Life Experience] accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses.)
Introduced in Senate • 4/4/2017
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Topics & Subjects
Policy Area: Taxation
Bank accounts, deposits, capitalDisability and paralysisIncome tax exclusion
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (14)
Party Breakdown
11
Democrats
3
Republicans
0
Independents
Sponsor
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Cosponsors (13)
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Bill Journey
Originated in the Senate
Introduced
April 4, 2017
Read twice and referred to the Committee on Finance.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in Senate4/4/2017