S. 651
Referred to CommitteeABLE Age Adjustment Act
Latest Action
Read twice and referred to the Committee on Finance.
3/5/2019 • Senate
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 Senate • 3/5/2019
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (24)
Party Breakdown
Sponsor
Cosponsors (23)
Bill Journey
Originated in the Senate
Introduced
March 5, 2019
Read twice and referred to the Committee on Finance.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law