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H.R. 4795

STABLE Act

Saving To Achieve a Better Life Experience Act of 2019 or the STABLE Act

This bill treats any amount contributed by an employer to an employee's ABLE (Achieving a Better Life Experience) Account as employer-provided coverage for medical expenses under an accident or health plan, subject to certain contribution limits. Such contributions are excluded from an employee's gross income, for income tax purposes. It also imposes a tax on employers who fail to make required contributions.

Referred to the House Committee on Ways and Means.

Rep. Slotkin, Elissa [D-MI-8](D-MI)Sponsor
2 cosponsors2 R
2cosponsors1committees3actions4subjects
  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

STABLE Act — Informed