Latest Action
Referred to the House Committee on Ways and Means.
9/17/2024 • House
Summary
Ensuring Nationwide Access to a Better Life Experience Act or the ENABLE Act
This bill makes permanent three tax provisions relating to ABLE (Achieving a Better Life Experience) accounts established to assist disabled individuals, specifically provisions allowing increased contributions to such accounts, the allowance of a retirement savings contribution tax credit of up to $1,000 ($2,000 per married couple filing jointly) for contributions to an ABLE account, and allowing a tax-free rollover from a qualified tuition program (529 plan) to an ABLE account.
Introduced in House • 9/17/2024
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (13)
Party Breakdown
Sponsor
Cosponsors (12)
Bill Journey
Originated in the House
Introduced
September 17, 2024
Referred to the House Committee on Ways and Means.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law