H. R. 1219
IN THE HOUSE OF REPRESENTATIVES
February 23, 2021
Mr. Cárdenas (for himself, Mrs. Rodgers of Washington, and Ms. Chu) introduced the following bill; which was referred to the Committee on Ways and Means
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 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.