S. 331 · 117th Congress
ABLE Age Adjustment Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
CaseySponsor22 cosponsors · 16 D, 6 R
R
Boozman
RB
D
Blumenthal
JM
R
Moran
LM
R
Murkowski
CV
D
Van Hollen
RW
D
Wyden
AK
D
Klobuchar
PL
D
Leahy
RM
R
Marshall
BC
D
Cardin
JR
D
Reed
PT
R
Toomey
RD
D
Durbin
SW
D
Whitehouse
TK
D
Kaine
TD
D
Duckworth
SB
D
Brown
RB
R
Burr
DF
D
Feinstein
CC
D
Coons
AP
D
Padilla
TC
D
Carper6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Introduced in Senate · Feb 22, 2021
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.)
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: ABLE Age Adjustment Act
Latest action (Feb 22, 2021): Read twice and referred to the Committee on Finance.
Policy area: Taxation · Origin: Senate · Introduced: Feb 22, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.