Legis Daily

STABLE Act

USA116th CongressHR-4795| House 
| Updated: 10/22/2019
Elissa Slotkin

Elissa Slotkin

Democratic Representative

Michigan

Cosponsors (2)
Mike Kelly (Republican)Brian K. Fitzpatrick (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Saving To Achieve a Better Life Experience Act of 2019 or the STABLE Act This bill treats any amount contributed by an employer to an employee's ABLE (Achieving a Better Life Experience) Account as employer-provided coverage for medical expenses under an accident or health plan, subject to certain contribution limits. Such contributions are excluded from an employee's gross income, for income tax purposes. It also imposes a tax on employers who fail to make required contributions.
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Timeline
Oct 22, 2019
Introduced in House
Oct 22, 2019
Referred to the House Committee on Ways and Means.
  • October 22, 2019
    Introduced in House


  • October 22, 2019
    Referred to the House Committee on Ways and Means.

Taxation

Employee benefits and pensionsEmployment taxesHealth care costs and insuranceHealth care coverage and access

STABLE Act

USA116th CongressHR-4795| House 
| Updated: 10/22/2019
Saving To Achieve a Better Life Experience Act of 2019 or the STABLE Act This bill treats any amount contributed by an employer to an employee's ABLE (Achieving a Better Life Experience) Account as employer-provided coverage for medical expenses under an accident or health plan, subject to certain contribution limits. Such contributions are excluded from an employee's gross income, for income tax purposes. It also imposes a tax on employers who fail to make required contributions.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Oct 22, 2019
Introduced in House
Oct 22, 2019
Referred to the House Committee on Ways and Means.
  • October 22, 2019
    Introduced in House


  • October 22, 2019
    Referred to the House Committee on Ways and Means.
Elissa Slotkin

Elissa Slotkin

Democratic Representative

Michigan

Cosponsors (2)
Mike Kelly (Republican)Brian K. Fitzpatrick (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Employee benefits and pensionsEmployment taxesHealth care costs and insuranceHealth care coverage and access