Indiana House Bill 1407 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on January 19 2016 - 25% progression, died in committee
Action: 2016-01-28 - Referred to the Committee on Ways and Means pursuant to House Rule 127
Pending: House Ways and Means Committee
Text: Latest bill text (Amended) [PDF]

ABLE authority and board. Creates the achieving a better life experience (ABLE) authority (authority) and the ABLE board (board) of the authority. Requires the authority to establish a qualified ABLE program under which a person may make contributions for a taxable year for the benefit of an eligible individual to an ABLE account to meet the qualified disability expenses of the designated beneficiary in compliance with federal law. Sets forth duties and powers of the authority and the board. Establishes a general operating fund, endowment fund, and trust fund.

ABLE authority and board. Creates the achieving a better life experience (ABLE) authority (authority) and the ABLE board (board) of the authority. Requires the authority to establish a qualified ABLE program under which a person may make contributions for a taxable year for the benefit of an eligible individual to an ABLE account to meet the qualified disability expenses of the designated beneficiary in compliance with federal law. Sets forth duties and powers of the authority and the board. Establishes a general operating fund, endowment fund, and trust fund.

Rep. Julie Olthoff [R]

Rep. Ronald Bacon [R]

Rep. Donna Schaibley [R]

Rep. Robin Shackleford [D]

2016-01-27 - House - House - Committee Vote (Y: 10 N: 0 NV: 0 Abs: 3) [PASS]

Date	Chamber	Action
2016-01-28	House	Referred to the Committee on Ways and Means pursuant to House Rule 127
2016-01-28	House	Committee report: amend do pass, adopted
2016-01-26	House	Representatives Bacon, Schaibley, Shackleford added as coauthors
2016-01-21	House	Representative Olthoff added as author
2016-01-21	House	Representative Torr removed as author
2016-01-19	House	First reading: referred to Committee on Rules and Legislative Procedures
2016-01-19	House	Reassigned to Committee on Family, Children and Human Affairs

Type	Source
Summary	https://iga.in.gov/legislative/2016/bills/house/1407/details
Text	http://iga.in.gov/static-documents/1/c/4/c/1c4c8772/HB1407.01.INTR.pdf
Text	http://iga.in.gov/static-documents/4/d/b/6/4db6e7c5/HB1407.01.INTR.pdf
Text	http://iga.in.gov/static-documents/e/1/0/2/e1027f91/HB1407.02.COMH.pdf
Roll Call	http://iga.in.gov/static-documents/e/2/0/b/e20ba420/HB1407.01.INTR.pdf