3.0.0 4672 2023-03-08T20:12:44Z 2023-03-08T20:12:44Z House HR 2021-07-22 117 [Congressional Record Volume 167, Number 129 (Thursday, July 22, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SUOZZI:H.R. 4672.Congress has the power to enact this legislation pursuantto the following:Article I. Section 8 of the United States Constitution[Page H3846]]]> hswm00 Ways and Means Committee House Standing Referred to 2021-07-22T13:04:15Z 2021-07-22 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2021-07-22 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-07-22 Introduced in House IntroReferral 1000 9 Library of Congress S001201 Rep. Suozzi, Thomas R. [D-NY-3] Thomas Suozzi D NY R. 3 N W000815 Rep. Wenstrup, Brad R. [R-OH-2] Brad Wenstrup R OH R. 2 2021-07-22 True G000597 Rep. Garbarino, Andrew R. [R-NY-2] Andrew Garbarino R NY R. 2 2021-09-10 False B000574 Rep. Blumenauer, Earl [D-OR-3] EARL BLUMENAUER D OR 3 2021-10-15 False Q000023 Rep. Quigley, Mike [D-IL-5] Mike Quigley D IL 5 2022-03-17 False F000466 Rep. Fitzpatrick, Brian K. [R-PA-1] Brian Fitzpatrick R PA K. 1 2022-03-24 False C001053 Rep. Cole, Tom [R-OK-4] Tom Cole R OK 4 2022-06-22 False Taxation Taxation 00 2021-07-22 Introduced in House 2021-08-24T18:45:28Z ABLE Employment Flexibility Act

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

]]> ABLE Employment Flexibility Act Official Title as Introduced To amend the Internal Revenue Code to allow employers to contribute to ABLE accounts in lieu of retirement plan contributions. Introduced in House IH Display Title ABLE Employment Flexibility Act Short Title(s) as Introduced ABLE Employment Flexibility Act Introduced in House IH Introduced in House 2021-07-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr4672ih/xml/BILLS-117hr4672ih.xml 2021-07-22 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.