Bill115th CongressFiled Apr 4, 2017Taxation
S. 816
ABLE Financial Planning Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Apr 4, 2017)
ABLE Financial Planning Act
This bill amends the Internal Revenue Code to allow tax-free rollovers of amounts in qualified tuition programs (529 plans) to qualified ABLE programs. (Tax-favored ABLE [Achieving a Better Life Experience] accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses.)
What just happenedApr 4, 2017
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Casey, Robert P., Jr. [D-PA](D-PA)Sponsor
7 cosponsors5 D2 R
7cosponsors1committees2actions2related bills5subjects
- Introduced in SenateApr 4, 2017
- Apr 4, 2017IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Apr 4, 2017IntroReferral10000
Introduced in Senate