H.R. 647 (113th): ABLE Act of 2014

Introduced:

Feb 13, 2013
113th Congress, 2013–2015

Status:
Died in a previous Congress

This bill was introduced in a previous session of Congress and was passed by the House on December 3, 2014 but was never passed by the Senate.

Sponsor:

Ander Crenshaw

Representative for Florida's 4th congressional district

Republican

Text:

Read Text »
Last Updated: Dec 3, 2014
Length: 54 pages

About the bill

Full Title

To amend the Internal Revenue Code of 1986 to provide for the tax treatment of ABLE accounts established under State programs for the care of family members with disabilities, and for other purposes.

The bill’s titles are written by its sponsor.

Summary

The Achieving a Better Life Experience (ABLE) Act would ease the financial burden for individuals with disabilities by creating tax-free accounts that can be used to save for disability-related expenses. These accounts can be created by individuals to support themselves or by families to support their dependents.

The ABLE act was introduced by Ander Crenshaw [R-FL4] in the House and ...

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History

Feb 13, 2013
 
Introduced

This is the first step in the legislative process.

Jul 31, 2014
 
Reported by Committee

A committee has issued a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Dec 3, 2014
 
Passed House

The bill was passed in a vote in the House. It goes to the Senate next.

This page is about a bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Links & tools

Primary Source

Congress.gov

Congress.gov is updated generally one day after events occur. Legislative activity since the last update may not be reflected on GovTrack. Data via congress project.

Citation

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