HR 9614 · 118th Congress · Taxation
ENABLE Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2024-09-17)
Plain Language Summary
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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 of up to $1,000 ($2,000 per married couple filing jointly) for contributions to an ABLE account, and allowing a tax-free rollover from a qualified tuition program (529 plan) to an ABLE account. …
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (12)
6 Democrats6 Republicans