Clarifying that a specified amount may be contributed in each calendar year to an account for a disabled individual under the Maryland Achieving a Better Life Experience (ABLE) Program; providing that contributions to an ABLE account may not exceed a specified maximum amount; and requiring the Maryland 529 Board to adopt specified procedures to ensure that specified contributions to ABLE accounts do not exceed a specified maximum limit.
Bill File Type: Regular
Effective Date(s): July 1, 2017
( 18-19C-01, 18-19C-03 )
Last Updated: 2/3/2020 2:33 PM