ABLE MATCH (Making Able a Tool to Combat Hardship) Act

United States118th CongressS-2522Senate
Updated: Jul 26, 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

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-5102: ABLE MATCH (Making Able a Tool to Combat Hardship) Act

Introduced in House

  1. Read twice and referred to the Committee on Finance.

    Senate

  2. Introduced in Senate

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