ABLE MATCH (Making Able a Tool to Combat Hardship) Act
United States118th CongressHR-5102House of Representatives
Updated: Aug 1, 2023
Summary
ABLE MATCH (Making Able a Tool to Combat Hardship) Act This bill allows beneficiaries of ABLE (Achieving a Better Life Experience) accounts a refundable tax credit to match their contributions to such accounts. The amount of such credit may not exceed $2,000. The bill also requires demographic reporting (e.g., race, gender, disability type) with respect to ABLE accounts and directs the Department of the Treasury to award grants to states for promoting such accounts and for making matching payments of contributions to such accounts.
Bill texts
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Timeline
Latest companion bill action
S-2522: ABLE MATCH (Making Able a Tool to Combat Hardship) ActIntroduced in Senate
Referred to the House Committee on Ways and Means.
House of Representatives
Introduced in House
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