US SB2704 | 2015-2016 | 114th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: Introduced on March 17 2016 - 25% progression, died in committee
Action: 2016-03-17 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 17 2016 - 25% progression, died in committee
Action: 2016-03-17 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
ABLE Age Adjustment Act This bill amends the Internal Revenue Code, with respect to qualified ABLE programs, to increase the threshold for eligibility for such programs from age 26 to age 46. (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.)
Title
ABLE Age Adjustment Act
Sponsors
| Sen. Robert Casey [D-PA] | Sen. Richard Burr [R-NC] | Sen. Amy Klobuchar [D-MN] | Sen. Edward Markey [D-MA] |
| Sen. Richard Blumenthal [D-CT] | Sen. Kirsten Gillibrand [D-NY] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-03-17 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB4813 (Same As) 2016-03-17 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/senate-bill/2704/all-info |
| Text | https://www.congress.gov/114/bills/s2704/BILLS-114s2704is.pdf |
