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H.R. 1814

Referred to Committee

ABLE Age Adjustment Act

Introduced 3/18/2019•116th Congress•House

Latest Action

Referred to the House Committee on Ways and Means.

3/18/2019 • House

Summary

ABLE Age Adjustment Act

This bill increases from 26 to 46 the age threshold for tax-favored ABLE (Achieving a Better Life Experience) accounts. (ABLE accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses. To establish an account, an individual must have a qualifying impairment that began before the individual attained the age threshold.)

Introduced in House • 3/18/2019

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Topics & Subjects

Policy Area: Taxation
Bank accounts, deposits, capitalDisability and paralysisIncome tax exclusion

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (85)

Party Breakdown

59
Democrats
26
Republicans
0
Independents

Sponsor

R[
Rep. Cárdenas, Tony [D-CA-29]

Democrat • CA-29

Sponsored 3/18/2019

Cosponsors (84)

R[
Rep. Cohen, Steve [D-TN-9]

D-TN-9

Joined 3/18/2019

R[
R[
Rep. Turner, Michael R. [R-OH-10]

R-OH-10

Joined 3/18/2019

R[
Rep. Rose, Max [D-NY-11]

D-NY-11

Joined 3/18/2019

Bill Journey

Originated in the House

Introduced

March 18, 2019

Referred to the House Committee on Ways and Means.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House3/18/2019

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors84