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United States · Bill · S

S. 651 (116th)

ABLE Age Adjustment Act

referredUnited States· United States Congress· EN

Introduced

5 March 2019

Last action

5 March 2019 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Casey, Robert P., Jr. [D-PA], Sen. Moran, Jerry [R-KS], Sen. Van Hollen, Chris [D-MD], Sen. Roberts, Pat [R-KS], Sen. Toomey, Patrick [R-PA], Sen. Duckworth, Tammy [D-IL], Sen. Wyden, Ron [D-OR], Sen. Murkowski, Lisa [R-AK], Sen. Brown, Sherrod [D-OH], Sen. Blumenthal, Richard [D-CT], Sen. Whitehouse, Sheldon [D-RI], Sen. Hassan, Margaret Wood [D-NH], Sen. Klobuchar, Amy [D-MN], Sen. Baldwin, Tammy [D-WI], Sen. Leahy, Patrick J. [D-VT], Sen. Reed, Jack [D-RI], Sen. Jones, Doug [D-AL], Sen. Rosen, Jacky [D-NV], Sen. McSally, Martha [R-AZ], Sen. Merkley, Jeff [D-OR], Sen. Boozman, John [R-AR], Sen. Loeffler, Kelly [R-GA], Sen. Carper, Thomas R. [D-DE], Sen. Feinstein, Dianne [D-CA]

Subjects

Taxation

Source updated

3 January 2025

Taxation

Summary

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.)

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

Timeline

  1. 5 March 2019

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 5 March 2019

    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 · 5 March 2019

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 5 March 2019

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 5 March 2019

    Open at official source

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Sponsors

Related records

Sources

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