Program Name: N/A
Program Manager: N/A
Program Investment Institution: N/A
Total Annual Contribution Limit: $15,000
Account Limit: $300,000
Additional Information: There are multiple bills introduced in both houses and are at different stages in the legislative process:
HB 2821 passed the House and Senate on 5/24/16. It was signed by the Governor on 6/6/16.
SB 991 was introduced and referred to the Appropriations committee on 2/2/16.
SB 1005 passed the Senate on 3/7/16 and was sent to the House Appropriations and Budget Human Services Subcommittee.
SB 1023 was referred to committee on 2/2/16.
SB 1063 was referred to committee on 2/2/16.
SB 1343 was referred to committee on 2/2/16.
HB 2686 passed the Appropriations and Budget Committee on 2/25/16.
HB 2838 was referred to the Appropriations and Budget Committee on 2/2/16.
ABLE Legislative Summaries:
If your state has not yet passed ABLE legislation allowing for the development of an ABLE program, we encourage you to contact your state legislator to inform them about the program’s benefits. It is important that your state legislator understands that passing ABLE legislation allows individuals with disabilities in their state to save for their future, a near impossible task prior to this law. For more information on how to find and contact your state legislator, please click on the link below.