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S. 4539

BillFederalSenateIn Committee
ENABLE Act
About This Bill
Committee
Latest Action · June 13, 2024
Read twice and referred to the Committee on Finance.
Congress
118th (2023–2025)
Introduced
June 13, 2024
Cosponsors (22)
13D 9R
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Summary

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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 (529 plan) to an ABLE account.

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