Bill114th CongressFiled Mar 17, 2016Taxation
H.R. 4795
ABLE to Work Act of 2016
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
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Became LawLaw
What it doesSummary introduced in house (Mar 17, 2016)
ABLE to Work Act of 2016
This bill amends the Internal Revenue Code, with respect to ABLE accounts (tax-exempt savings accounts for persons with a disability), to allow: (1) an ABLE account beneficiary to make contributions to an ABLE account equal to the lesser of such beneficiary's compensation or an amount equal to the federal poverty line for a one-person household, and (2) a retirement savings tax credit for contributions to an ABLE account.
What just happenedMar 17, 2016
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Crenshaw, Ander [R-FL-4](R-FL)Sponsor
34 cosponsors12 D22 R
34cosponsors1committees3actions1related bills5subjects
- Introduced in HouseMar 17, 2016
- Mar 17, 2016IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Mar 17, 2016IntroReferralIntro-H
Introduced in House
- Mar 17, 2016IntroReferral1000
Introduced in House