An Act amending the act of April 18, 2016 (P.L.128, No.17), known as the Pennsylvania ABLE Act, in exemptions, providing for exclusion of contributions for purposes of determining need for disabled veterans' real estate tax exemption.

This bill updates Pennsylvania's ABLE Act to help disabled veterans keep their real estate tax exemptions. It allows money deposited into an ABLE savings account to be ignored when calculating whether a veteran meets the financial need requirements for this tax break. The change ensures that contributions made to these special savings accounts do not count as annual income for eligibility purposes. This policy will apply to tax determinations made on or after January 1, 2027.