Politiparty
Politiparty

118th Congress Taxation

S. 4911: ABLE Employment Flexibility Act

Introduced

  1. Introduced (completed)Jul 31, 2024
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Jul 31, 2024

ABLE Employment Flexibility Act

This bill permits employers to make tax-exempt contributions to ABLE (Achieving Better Life Experience) accounts in lieu of making contributions to existing tax-exempt defined contribution retirement plans. An ABLE account pays the expenses (e.g., food, education, housing, transportation, employment training and support, and health care expenses) of a designated beneficiary who is disabled.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

7

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Robert Casey D-PA SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Robert Casey

History

  1. Jul 31, 2024Introduced in the Senate by Robert Casey.
Show the full action history (2 actions)
  1. Jul 31, 2024Introduced in Senate
  2. Jul 31, 2024Read twice and referred to the Committee on Finance.