ABLE to Work Act of 2017
Latest action · Apr 4, 2017 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 4, 2017
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
ABLE to Work Act of 2017
This bill amends the Internal Revenue Code, with respect to ABLE accounts (tax-exempt savings accounts for persons with a disability), to allow: (1) an ABLE account beneficiary to make additional contributions to an ABLE account equal to the lesser of such beneficiary's compensation or an amount equal to the federal poverty line for a one-person household, and (2) a retirement savings tax credit for contributions to an ABLE account.
Cosponsors 15
Members who signed on, in the order they did. Signatures ran from Apr 4, 2017 to Feb 26, 2018, with 3 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MD | Chris Van Hollen | Original | Apr 4, 2017 |
| R-KS | Jerry Moran | Original | Apr 4, 2017 |
| D-PA | Robert P. Casey Jr. | Original | Apr 4, 2017 |
| D-OH | Sherrod Brown | Apr 5, 2017 | |
| R-AR | Tom Cotton | Apr 6, 2017 | |
| R-PA | Patrick J. Toomey | May 22, 2017 | |
| D-MN | Amy Klobuchar | Sep 5, 2017 | |
| D-MA | Edward J. Markey | Oct 5, 2017 | |
| D-MA | Elizabeth Warren | Oct 5, 2017 | |
| R-ME | Susan M. Collins | Oct 26, 2017 | |
| R-LA | John Kennedy | Nov 6, 2017 | |
| R-NC | Thom Tillis | Nov 6, 2017 | |
| R-SD | Mike Rounds | Dec 14, 2017 | |
| D-CT | Christopher Murphy | Jan 29, 2018 | |
| D-RI | Sheldon Whitehouse | Feb 26, 2018 |
Actions 2
Everything that happened, newest first.
- Apr 4, 2017Introduced in Senate
- Apr 4, 2017Read twice and referred to the Committee on Finance.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 1 | An original bill to provide for reconciliation pursuant to title II of the concurrent resolution on the budget for fiscal year 2018. | Related bill | Nov 28, 2017 |
| HR 1896 | ABLE to Work Act of 2017 | Identical bill | Apr 4, 2017 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Apr 4, 2017Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.