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H.R.1897 - ABLE Financial Planning Act115th Congress (2017-2018) |

Bill

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Sponsor: Rep. McMorris Rodgers, Cathy [R-WA-5] (Introduced 04/04/2017)
Committees: House - Ways and Means
Latest Action: House - 04/04/2017 Referred to the House Committee on Ways and Means.  (All Actions)

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This bill has the status Introduced

Here are the steps for Status of Legislation:

  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Became Law

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  • Constitutional Authority Statement
  • CBO Cost Estimates [0]

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Summary: H.R.1897 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.1897. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/04/2017)

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.)