ABLE Act Changes/Study

 

HB 983 – Able Act Changes/Study

Primary Sponsors: Rep. John Bradford (R-Mecklenburg), Rep. Nelson Dollar (R-Wake), Rep. Donny Lambeth (R-Forsyth), Rep. John Sauls (R-Harnett)

Bill Movement

This bill was filed May 22, 2018. This bill was referred to the House Health Committee on May 23, 2018.

This bill passed the House Health Committee on May 30, 2018. The bill will now move to the House Finance Committee.

Bill Summary

This bill would allow funds from the parental savings trust fund to be used in an ABLE account without the funds being considered income. In addition, the bill would direct the ABLE program board of trustees to report any legislative recommendations for modifications.

 
 

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