H.R.1219: ABLE Age Adjustment Act

About This Bill

Bill Cosponsors

103 (70 Democrats, 33 Republicans)

Bill Version

Bill Summary

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.)

(Source: Library of Congress)

Bill Actions

Date Description
Feb. 23, 2021
Referred to the House Committee on Ways and Means.
Feb. 23, 2021

Introduced in the House by Tony Cárdenas (D-Calif.)

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