To amend the Stephen Beck, Jr., ABLE Act of 2014 to adjust the amounts in ABLE accounts excluded from consideration with respect to the Supplemental Security Income Program, and for other purposes.
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Summary
Based on the bill's title, this measure would amend the Stephen Beck, Jr., ABLE Act of 2014 to increase the asset limits for ABLE accounts (tax-advantaged savings accounts for individuals with disabilities) that are excluded when determining Supplemental Security Income (SSI) eligibility and benefit amounts. The bill has been referred to the House Committee on Ways and Means.
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