ABLE Financial Planning Act
Sponsored By: Representative ANDER CRENSHAW
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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 and from qualified ABLE programs to qualified tuition 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.)
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
ANDER CRENSHAW
FL • R
Cosponsors
Sen. Van Hollen, Chris [D-MD]
MD • D
Sponsored 3/17/2016
Rep. McMorris Rodgers, Cathy [R-WA-5]
WA • R
Sponsored 3/17/2016
Rep. Sessions, Pete [R-TX-17]
TX • R
Sponsored 3/17/2016
Rep. Joyce, David P. [R-OH-14]
OH • R
Sponsored 4/15/2016
Rep. Turner, Michael R. [R-OH-10]
OH • R
Sponsored 4/15/2016
Rep. Davis, Rodney [R-IL-13]
IL • R
Sponsored 4/15/2016
Rep. Costello, Ryan A. [R-PA-6]
PA • R
Sponsored 4/19/2016
Rep. Smith, Christopher H. [R-NJ-4]
NJ • R
Sponsored 4/19/2016
Rep. Garrett, Scott [R-NJ-5]
NJ • R
Sponsored 5/12/2016
Rep. Brownley, Julia [D-CA-26]
CA • D
Sponsored 5/26/2016
Rep. Moulton, Seth [D-MA-6]
MA • D
Sponsored 7/8/2016
Rep. Meehan, Patrick [R-PA-7]
PA • R
Sponsored 11/15/2016
Rep. Larson, John B. [D-CT-1]
CT • D
Sponsored 11/15/2016
PATRICK TIBERI
OH • R
Sponsored 11/15/2016
Rep. Renacci, James B. [R-OH-16]
OH • R
Sponsored 11/15/2016
Rep. Pascrell, Bill, Jr. [D-NJ-9]
NJ • D
Sponsored 12/7/2016
Rep. Kuster, Ann M. [D-NH-2]
NH • D
Sponsored 12/7/2016
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov