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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

Sen. Schmitt, Eric [R-MO], Sen. Casey, Robert P., Jr. [D-PA], Sen. Boozman, John [R-AR], Sen. Van Hollen, Chris [D-MD], Sen. Cotton, Tom [R-AR], Sen. Welch, Peter [D-VT], Sen. Tuberville, Tommy [R-AL], Sen. Kaine, Tim [D-VA], Sen. Britt, Katie Boyd [R-AL], Sen. Klobuchar, Amy [D-MN], Sen. Mullin, Markwayne [R-OK], Sen. Wyden, Ron [D-OR], Sen. Lee, Mike [R-UT], Sen. Coons, Christopher A. [D-DE], Sen. Ossoff, Jon [D-GA], Sen. Padilla, Alex [D-CA], Sen. Cardin, Benjamin L. [D-MD], Sen. Cornyn, John [R-TX], Sen. Moran, Jerry [R-KS], Sen. Carper, Thomas R. [D-DE], Sen. Tillis, Thomas [R-NC], Sen. Fetterman, John [D-PA], Sen. Warnock, Raphael G. [D-GA]

Subjects

Taxation

Source updated

5 November 2024

Taxation

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

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 13 June 2024

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 13 June 2024

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 13 June 2024

    Open at official source

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Sponsors

Related records

Sources

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