HR 4795 · 114th Congress · Taxation

ABLE to Work Act of 2016

Introduced 2016-03-17· Sponsored by Rep. Crenshaw, Ander [R-FL-4]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2016-03-17)

Plain Language Summary

[AI summary unavailable — showing source text] ABLE to Work Act of 2016 This bill amends the Internal Revenue Code, with respect to ABLE accounts (tax-exempt savings accounts for persons with a disability), to allow: (1) an ABLE account beneficiary to make contributions to an ABLE account equal to the lesser of such beneficiary's compensation or an amount equal to the federal poverty line for a one-person household, and (2) a retirement savings tax credit for contributions to an ABLE account.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

8 Democrats12 Republicans
Rep. Van Hollen, Chris [D-MD-8]MD
Rep. McMorris Rodgers, Cathy [R-WA-5]WA
Rep. Sessions, Pete [R-TX-32]TX
Rep. Joyce, David P. [R-OH-14]OH
Rep. Ryan, Tim [D-OH-13]OH
Rep. Yoder, Kevin [R-KS-3]KS
Rep. Davis, Rodney [R-IL-13]IL
Rep. Kennedy, Joseph P., III [D-MA-4]MA
Rep. Ashford, Brad [D-NE-2]NE
Rep. Turner, Michael R. [R-OH-10]OH
Rep. Heck, Joseph J. [R-NV-3]NV
Rep. Costello, Ryan A. [R-PA-6]PA
Rep. Smith, Christopher H. [R-NJ-4]NJ
Rep. Norcross, Donald [D-NJ-1]NJ
Rep. Sensenbrenner, F. James, Jr. [R-WI-5]WI
Rep. Maloney, Sean Patrick [D-NY-18]NY
Rep. Pocan, Mark [D-WI-2]WI
Rep. Babin, Brian [R-TX-36]TX
Rep. Moulton, Seth [D-MA-6]MA
Rep. Massie, Thomas [R-KY-4]KY