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United States · Bill · S

S. 4539 (118th)

ENABLE Act

referredUnited States· United States Congress· EN

Introduced

13 June 2024

Last action

13 June 2024 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Eric Schmitt, Sen. Casey, Robert P., Jr. [D-PA], John Boozman, Chris Van Hollen, Tom Cotton, Peter Welch, Tommy Tuberville, Timothy Kaine, Katie Britt, Amy Klobuchar, Markwayne Mullin, Ron Wyden, Mike Lee, Christopher Coons, Jon Ossoff, Sen. Padilla, Alex [D-CA], Rep. Cardin, Benjamin L. [D-MD-3], John Cornyn, Jerry Moran, Rep. Carper, Thomas R. [D-DE-At Large], Thomas Tillis, John Fetterman, Sen. Warnock, Raphael G. [D-GA]

Subjects

Taxation

Source updated

5 November 2024

Taxation

Official sourceDownload fileView documentsShare

Summary

Ensuring Nationwide Access to a Better Life Experience Act or the ENABLE Act This bill makes permanent three tax provisions relating to ABLE (Achieving a Better Life Experience) Accounts established to assist disabled individuals, specifically provisions allowing increased contributions to such accounts, the allowance of a retirement savings contribution tax credit up to $1,000, and allowing a tax-free rollover from a qualified tuition (529 plan) to an ABLE account. 

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 13 June 2024

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 13 June 2024

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Sponsors

Related records

Sources

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