HR 1896 · 115th Congress · Taxation

ABLE to Work Act of 2017

Introduced 2017-04-04· Sponsored by Rep. McMorris Rodgers, Cathy [R-WA-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2017-04-04)

Plain Language Summary

[AI summary unavailable — showing source text] ABLE to Work Act of 201 7 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 additional 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)

7 Democrats13 Republicans