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H.R. 1896

ABLE to Work Act of 2017

ABLE to Work Act of 2017

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 additional 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.

Referred to the House Committee on Ways and Means.

Rep. McMorris Rodgers, Cathy [R-WA-5](R-WA)Sponsor
49 cosponsors18 D31 R
49cosponsors1committees3actions2related bills5subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

ABLE to Work Act of 2017 — Informed