SENATE 651116th CongressRead twice and referred to the Committee on Finance.
ABLE Age Adjustment Act
- Last Action
- 3/5/2019
CRS Summary
As of 2019-03-05 (00)
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.)
Cosponsors (20)
- Jerry Moran (R-KS)
- Chris Van Hollen (D-MD)
- PAT ROBERTS (R-KS)
- Patrick Toomey (R-PA)
- Tammy Duckworth (D-IL)
- Ron Wyden (D-OR)
- Lisa Murkowski (R-AK)
- Sherrod Brown (D-OH)
- Richard Blumenthal (D-CT)
- Sheldon Whitehouse (D-RI)
- Maggie Hassan (D-NH)
- Amy Klobuchar (D-MN)
- Tammy Baldwin (D-WI)
- Patrick Leahy (D-VT)
- John Reed (D-RI)
- Doug Jones (D-AL)
- Jacklyn Rosen (D-NV)
- Martha McSally (R-AZ)
- Jeff Merkley (D-OR)
- John Boozman (R-AR)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.