[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. 817 Introduced in Senate (IS)]

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115th CONGRESS
  1st Session
                                 S. 817

    To amend the Internal Revenue Code of 1986 to increase the age 
  requirement with respect to eligibility for qualified ABLE programs.


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                   IN THE SENATE OF THE UNITED STATES

                             April 4, 2017

 Mr. Casey (for himself, Mr. Burr, and Mr. Van Hollen) introduced the 
 following bill; which was read twice and referred to the Committee on 
                                Finance

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                                 A BILL


 
    To amend the Internal Revenue Code of 1986 to increase the age 
  requirement with respect to eligibility for qualified ABLE programs.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``ABLE Age Adjustment Act''.

SEC. 2. MODIFICATION OF AGE REQUIREMENT FOR QUALIFIED ABLE PROGRAMS.

    (a) In General.--Section 529A(e) of the Internal Revenue Code of 
1986 is amended by striking ``age 26'' each place it appears in 
paragraphs (1)(A) and (2)(A)(i)(II) and inserting ``age 46''.
    (b) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after the date of the enactment of 
this Act.
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