Bill
Bill > HR9614
summary
Introduced
09/17/2024
09/17/2024
In Committee
09/17/2024
09/17/2024
Crossed Over
Passed
Dead
01/03/2025
01/03/2025
Introduced Session
118th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to make certain provisions with respect to qualified ABLE programs permanent.
AI Summary
This bill, the Ensuring Nationwide Access to a Better Life Experience Act (ENABLE Act), proposes to make certain provisions of the ABLE (Achieving a Better Life Experience) accounts permanent. Specifically, it would remove the expiration date for increased contribution limits to ABLE accounts and the ability to roll over funds from 529 college savings plans to ABLE accounts. This would ensure that individuals with disabilities can continue to benefit from these tax-advantaged savings programs without interruption.
Committee Categories
Budget and Finance
Sponsors (13)
Lloyd Smucker (R)*,
Becca Balint (D),
Don Beyer (D),
Debbie Dingell (D),
Brian Fitzpatrick (R),
Bill Foster (D),
Cathy McMorris Rodgers (R),
Carol Miller (R),
Joe Neguse (D),
Eleanor Holmes Norton (D),
Mike Rogers (R),
John Rutherford (R),
Pete Stauber (R),
Last Action
Referred to the House Committee on Ways and Means. (on 09/17/2024)
Taxonomy
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Social Welfare
- ‐ Assistance to the Disabled and Handicapped
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/118th-congress/house-bill/9614/all-info | 09/18/2024 |
| BillText | https://www.congress.gov/118/bills/hr9614/BILLS-118hr9614ih.pdf | 09/26/2024 |
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