A bill to amend the Internal Revenue Code of 1986 to allow rollovers from 529 programs to ABLE accounts.
United States115th CongressS-816Senate
Updated: Apr 4, 2017
Summary
ABLE Financial Planning Act This bill amends the Internal Revenue Code to allow tax-free rollovers of amounts in qualified tuition programs (529 plans) to qualified ABLE programs. (Tax-favored ABLE [Achieving a Better Life Experience] accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses.)
Bill texts
All available records shown.
Timeline
Latest companion bill action
HR-1897: To amend the Internal Revenue Code of 1986 to allow rollovers from 529 programs to ABLE accounts.Introduced in House
Read twice and referred to the Committee on Finance.
Senate
Introduced in Senate
All available records shown.