HR 1219 United States House · 117th Congress

ABLE Age Adjustment Act

Summary

ABLE Age Adjustment Act This bill increases from 26 to 46 the age threshold for tax-favored ABLE (Achieving a Better Life Experience) accounts. (ABLE accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses. To establish an account, an individual must have a qualifying impairment that began before the individual attained the age threshold.)

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2021

Committee Review

Floor Vote

President

Introduced Feb 23, 2021 Last action Feb 23, 2021

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

2

Key actions

0

Committee

1

Feb 23, 2021

Committee

Referred to the House Committee on Ways and Means.

lower

Feb 23, 2021

Introduced

Introduced in House

lower

1 primary · 104 co-sponsors

Sponsors

Role

Legislator

Party

State

District

Abigail Davis Spanberger

Alan S. Lowenthal

Alexander X. Mooney

Andrew R. Garbarino

Antonio Delgado

Ayanna Pressley