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- S.331
S.331: ABLE Age Adjustment Act
About This Bill
- Introduced Feb. 22, 2021
- Latest Major Action Feb. 22, 2021
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
22 (16 Democrats, 6 Republicans)
Bill Version
- Introduced in Senate - Feb. 22, 2021
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)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
---|---|
Feb. 22, 2021 |
Read twice and referred to the Committee on Finance.
|
Feb. 22, 2021 |
Introduced in the Senate by Bob Casey (D-Pa.) |