Bill Text: IN SB0184 | 2016 | Regular Session | Introduced


Bill Title: Achieving a better life experience (ABLE) program. Establishes the Indiana achieving a better life experience (ABLE) program. Creates the Indiana achieving a better life experience board (board). Requires the board to establish a qualified ABLE program under which an individual 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 Section 529A of the Internal Revenue Code. Sets forth duties and powers of the board. Establishes a general operating fund, endowment fund, and trust fund. Requires a taxpayer to

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2016-01-06 - First reading: referred to Committee on Appropriations [SB0184 Detail]

Download: Indiana-2016-SB0184-Introduced.pdf
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