ABLE MATCH (Making Able a Tool to Combat Hardship) Act

Summary

ABLE MATCH (Making Able a Tool to Combat Hardship) Act This bill allows beneficiaries of ABLE (Achieving a Better Life Experience) accounts a refundable tax credit to match their contributions to such accounts. The amount of such credit may not exceed $2,000. The bill also requires demographic reporting (e.g., race, gender, disability type) with respect to ABLE accounts and directs the Department of the Treasury to award grants to states for promoting such accounts and for making matching payments of contributions to such accounts.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 1 August 2023

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• Introduced in House (PDF)

  Introduced in House · EN · 1 August 2023

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 1 August 2023

  Open at official source

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