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Bill117th CongressFiled Feb 22, 2021Taxation
S. 331

ABLE Age Adjustment Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary introduced in senate (Feb 22, 2021)

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 happenedFeb 22, 2021

Read twice and referred to the Committee on Finance.

Who’s behind it

Sen. Casey, Robert P., Jr. [D-PA](D-PA)Sponsor
22 cosponsors16 D6 R
Read on Congress.gov
22cosponsors1committees2actions2related bills3subjects
  1. Feb 22, 2021IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. Feb 22, 2021IntroReferral10000

    Introduced in Senate

ABLE Age Adjustment Act — Informed