ABLE Employment Flexibility Act
Summary
ABLE Employment Flexibility Act This bill permits employers to make tax-exempts contributions to ABLE (Achieving Better Life Experience) accounts in lieu of making contributions to existing tax-exempt defined contribution retirement plans. An ABLE account is established to pay the expenses (e.g., food, education, housing, transportation, employment training and support, and health care expenses) of a designated beneficiary who is disabled.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2021
Committee Review
Floor Vote
President
Introduced Jul 22, 2021
Last action Jul 22, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jul 22, 2021
Committee
Referred to the House Committee on Ways and Means.
lower
Jul 22, 2021
Introduced
Introduced in House
lower
1 primary · 6 co-sponsors
Sponsors
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