Bill117th CongressFiled Jul 22, 2021Taxation
H.R. 4672
ABLE Employment Flexibility Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jul 22, 2021)
ABLE Employment Flexibility Act
This bill permits employers to make tax-exempts contributions to ABLE (Achieving Better Life Experience) accounts in lieu of making contributions to existing tax-exempt defined contribution retirement plans. An ABLE account is established to pay the expenses (e.g., food, education, housing, transportation, employment training and support, and health care expenses) of a designated beneficiary who is disabled.
What just happenedJul 22, 2021
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Suozzi, Thomas R. [D-NY-3](D-NY)Sponsor
6 cosponsors2 D4 R
6cosponsors1committees3actions
- Introduced in HouseJul 22, 2021
- Jul 22, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jul 22, 2021IntroReferralIntro-H
Introduced in House
- Jul 22, 2021IntroReferral1000
Introduced in House