summary
Introduced
03/18/2019
03/18/2019
In Committee
03/18/2019
03/18/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To amend the Internal Revenue Code of 1986 to increase the age requirement with respect to eligibility for qualified ABLE programs. 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.)
AI Summary
This bill, the ABLE Age Adjustment Act, proposes to amend the Internal Revenue Code to increase the age threshold from 26 to 46 for establishing 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. The bill aims to expand eligibility for these accounts, allowing more individuals with disabilities to benefit from the tax advantages and savings opportunities provided by ABLE programs.
Committee Categories
Budget and Finance
Sponsors (85)
Tony Cárdenas (D)*,
Jim Baird (R),
Earl Blumenauer (D),
Lisa Blunt Rochester (D),
Suzanne Bonamici (D),
Brendan Boyle (D),
Anthony Brindisi (D),
Susan Brooks (R),
Julia Brownley (D),
Ken Calvert (R),
Judy Chu (D),
David Cicilline (D),
Steve Cohen (D),
Tom Cole (R),
Paul Cook (R),
TJ Cox (D),
Sharice Davids (D),
Danny Davis (D),
Rodney Davis (R),
Madeleine Dean (D),
Peter DeFazio (D),
Suzan DelBene (D),
Theodore Deutch (D),
Michael Doyle (D),
Ron Estes (R),
Dwight Evans (D),
Brian Fitzpatrick (R),
Mike Gallagher (R),
Ruben Gallego (D),
Debra Haaland (D),
Vicky Hartzler (R),
French Hill (R),
John Katko (R),
Trent Kelly (R),
Derek Kilmer (D),
Peter King (R),
James Langevin (D),
Barbara Lee (D),
Ted Lieu (D),
Billy Long (R),
Blaine Luetkemeyer (R),
Elaine Luria (D),
Sean Maloney (D),
Roger Marshall (R),
Cathy McMorris Rodgers (R),
Gwen Moore (D),
Seth Moulton (D),
Joe Neguse (D),
Eleanor Holmes Norton (D),
Jimmy Panetta (D),
Donald Payne (D),
Chellie Pingree (D),
Mark Pocan (D),
Ayanna Pressley (D),
Amata Radewagen (R),
Jamie Raskin (D),
Guy Reschenthaler (R),
Kathleen Rice (D),
Max Rose (D),
Lucille Roybal-Allard (D),
Dutch Ruppersberger (D),
Michael San Nicolas (D),
Linda Sánchez (D),
Mary Gay Scanlon (D),
Jan Schakowsky (D),
Brad Schneider (D),
Kurt Schrader (D),
José Serrano (D),
Donna Shalala (D),
Mikie Sherrill (D),
Elissa Slotkin (D),
Jason Smith (R),
Abigail Spanberger (D),
Haley Stevens (D),
Chris Stewart (R),
Steve Stivers (R),
David Trone (D),
Mike Turner (R),
Jeff Van Drew (R),
Peter Visclosky (D),
Ann Wagner (R),
Debbie Wasserman Schultz (D),
Maxine Waters (D),
Peter Welch (D),
Don Young (R),
Last Action
Referred to the House Committee on Ways and Means. (on 03/18/2019)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/1814/all-info | 03/19/2019 |
| BillText | https://www.congress.gov/116/bills/hr1814/BILLS-116hr1814ih.pdf | 04/07/2019 |
| Bill | https://www.congress.gov/116/bills/hr1814/BILLS-116hr1814ih.pdf.pdf | 04/07/2019 |
Loading...