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S. 4539

ENABLE Act

Ensuring Nationwide Access to a Better Life Experience Act or the ENABLE Act

This bill makes permanent three tax provisions relating to ABLE (Achieving a Better Life Experience) Accounts established to assist disabled individuals, specifically provisions allowing increased contributions to such accounts, the allowance of a retirement savings contribution tax credit up to $1,000, and allowing a tax-free rollover from a qualified tuition (529 plan) to an ABLE account. 

Read twice and referred to the Committee on Finance.

Sen. Schmitt, Eric [R-MO](R-MO)Sponsor
22 cosponsors13 D9 R
22cosponsors1committees2actions2related bills
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

ENABLE Act — Informed