IN THE SENATE OF THE UNITED STATES
March 5, 2019
Mr. Casey (for himself, Mr. Moran, Mr. Van Hollen, and Mr. Roberts) introduced the following bill; which was read twice and referred to the Committee on Finance
To amend the Internal Revenue Code of 1986 to increase the age requirement with respect to eligibility for qualified ABLE programs.
This Act may be cited as the
ABLE Age Adjustment Act.
Modification of age requirement for qualified ABLE programs
Section 529A(e) of the Internal Revenue Code of 1986 is amended by striking
age 26 each place it appears in paragraphs (1)(A) and (2)(A)(i)(II) and inserting
The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.