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AI Summary: The bill extends the tax deduction for contributions to an Achieving a Better Life Experience (ABLE) savings account. This deduction allows individuals to save money tax-free for disability-related expenses, providing financial support for individuals with disabilities. The extension of this tax benefit aims to encourage saving and financial security for those with disabilities and their families.
Latest Action: Read for the first time and referred to the House Committee on Ways and Means Education
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Actions (10):
2024-02-27 : Read for the first time and referred to the House Committee on Ways and Means Education
2024-02-27 : Pending House Ways and Means Education
2024-03-06 : Reported Out of Committee House of Origin
2024-03-06 : Read for the Second Time and placed on the Calendar
2024-04-11 : Third Reading in House of Origin
2024-04-11 : Motion to Read a Third Time and Pass - Adopted Roll Call 559
2024-04-16 : Read for the first time and referred to the Senate Committee on Finance and Taxation Education
2024-04-16 : Pending Senate Finance and Taxation Education
2024-04-24 : Reported Out of Committee Second House
2024-04-25 : Read for the Second Time and placed on the Calendar
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