Regards Ohio ABLE accounts

HB 193 establishes Ohio's ABLE (Achieving a Better Life Experience) account program, allowing individuals with disabilities to save money in tax-advantaged accounts without losing eligibility for means-tested public assistance programs like SSI or Medicaid. The bill directs the Ohio Treasurer to administer the program, including setting up accounts, collecting fees, and ensuring federal tax benefits, while requiring accounts to be used only for qualified disability expenses. Crucially, it specifies that funds in these accounts - along with contributions and distributions - are disregarded when determining eligibility for state-funded assistance programs, directly protecting beneficiaries' access to support. The program applies to Ohio residents with disabilities who meet federal eligibility criteria for ABLE accounts.