US HB1897 | 2017-2018 | 115th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on April 4 2017 - 25% progression, died in committee
Action: 2017-04-04 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 4 2017 - 25% progression, died in committee
Action: 2017-04-04 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
ABLE Financial Planning Act This bill amends the Internal Revenue Code to allow tax-free rollovers of amounts in qualified tuition programs (529 plans) to qualified ABLE programs. (Tax-favored ABLE [Achieving a Better Life Experience] accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses.)
Title
ABLE Financial Planning Act
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-04-04 | House | Referred to the House Committee on Ways and Means. |
| 2017-04-04 | House | Introduced in House |
Same As/Similar To
SB816 (Same As) 2017-04-04 - Read twice and referred to the Committee on Finance.
HB1 (Related) 2017-12-22 - Became Public Law No: 115-97. (TXT | PDF)
HR619 (Similar To) 2017-11-15 - Motion to reconsider laid on the table Agreed to without objection.
SB1 (Related) 2017-11-28 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 269.
HB1 (Related) 2017-12-22 - Became Public Law No: 115-97. (TXT | PDF)
HR619 (Similar To) 2017-11-15 - Motion to reconsider laid on the table Agreed to without objection.
SB1 (Related) 2017-11-28 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 269.
Subjects
Bank accounts, deposits, capital
Disability and paralysis
Higher education
Income tax exclusion
Student aid and college costs
Taxation
Disability and paralysis
Higher education
Income tax exclusion
Student aid and college costs
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/1897/all-info |
| Text | https://www.congress.gov/115/bills/hr1897/BILLS-115hr1897ih.pdf |
