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- H.R.1897
H.R.1897: ABLE Financial Planning Act
About This Bill
- Introduced April 4, 2017
- Latest Major Action April 4, 2017
Bill Sponsor
Bill Cosponsors
39 (17 Democrats, 22 Republicans)
Bill Version
- Introduced in House - April 4, 2017
Bill Summary
ABLE Financial Planning Act This bill amends the Internal Revenue Code to allow tax-free rollovers of amounts in qualified tuition programs (529 plans) to qualified ABLE programs. (Tax-favored ABLE [Achieving a Better Life Experience] accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses.)
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
April 4, 2017 |
Referred to the House Committee on Ways and Means.
|
April 4, 2017 |
Introduced in the House by Cathy McMorris Rodgers (R-Wash.) |