H.R.4795: ABLE to Work Act of 2016

About This Bill

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.)

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