S 4541
118th Congress
Senate
Taxation
Ensuring Nationwide Access to a Better Life Experience Act
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 17, 2024
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 419.
Jun 13, 2024
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Jun 13, 2024
Introduced in Senate
Plain-English summary
Ensuring Nationwide Access to a Better Life Experience Act or the ENABLE Act
This bill makes permanent three tax provisions relating to ABLE (Achieving a Better Life Experience) Accounts established to assist disabled individuals, specifically provisions allowing increased contributions to such accounts, the allowance of a retirement savings contribution tax credit up to $1,000, and allowing a tax-free rollover from a qualified tuition program (529 plan) to an ABLE Account.
What's happening now
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 419.