H.R.1897: ABLE Financial Planning Act

About This Bill

  • Introduced April 4, 2017
  • Latest Major Action April 4, 2017

Bill Version

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

There is one statement associated with H.R.1897.

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.)

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