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- H.R.4795
H.R.4795: ABLE to Work Act of 2016
About This Bill
- Introduced March 17, 2016
- Latest Major Action March 17, 2016
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
34 (12 Democrats, 22 Republicans)
Bill Summary
ABLE to Work Act of 2016 This bill amends the Internal Revenue Code, with respect to ABLE accounts (tax-exempt savings accounts for persons with a disability), to allow: (1) an ABLE account beneficiary to make contributions to an ABLE account equal to the lesser of such beneficiary's compensation or an amount equal to the federal poverty line for a one-person household, and (2) a retirement savings tax credit for contributions to an ABLE...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
March 17, 2016 |
Referred to the House Committee on Ways and Means.
|
March 17, 2016 |
Introduced in the House by Ander Crenshaw (R-Fla.) |