Bill116th CongressFiled Mar 5, 2019Taxation
S. 651
ABLE Age Adjustment Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Mar 5, 2019)
ABLE Age Adjustment Act
This bill increases from 26 to 46 the age threshold for tax-favored ABLE (Achieving a Better Life Experience) accounts. (ABLE accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses. To establish an account, an individual must have a qualifying impairment that began before the individual attained the age threshold.)
What just happenedMar 5, 2019
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Casey, Robert P., Jr. [D-PA](D-PA)Sponsor
23 cosponsors16 D7 R
23cosponsors1committees2actions1related bills3subjects
- Introduced in SenateMar 5, 2019
- Mar 5, 2019IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Mar 5, 2019IntroReferral10000
Introduced in Senate