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2016 Regular Session



Maryland Achieving a Better Life Experience (ABLE) Program - Establishment

Sponsored by:

Senator Feldman


Veto sustained (0-46)

Synopsis:Requiring the College Savings Plans of Maryland Board to establish the Maryland ABLE Program to help promote financial savings to support individuals with disabilities in maintaining health, independence, and quality of life; renaming the College Savings Plans of Maryland Board to be the Maryland 529 Board; requiring the Board to work in consultation with the Department of Disabilities regarding the Maryland ABLE Program; applying the Act to all taxable years beginning after December 31, 2015; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Feldman, Raskin, Astle, Benson, Brochin, Cassilly, Conway, Currie, DeGrange, Ferguson, Gladden, Guzzone, Hershey, Jennings, Kagan, Kasemeyer, Kelley, King, Klausmeier, Lee, Madaleno, Manno, Mathias, McFadden, Middleton, Miller, Muse, Nathan-Pulliam, Norman, Peters, Pinsky, Pugh, Ramirez, Ready, Rosapepe, Serafini, Simonaire, Waugh, Young, Zirkin, Edwards, Eckardt, and Zucker
Additional Facts:Cross-filed with: HB0431
Bill File Type: Regular
Effective Date(s): July 1, 2016
Budget and Taxation  View Committee HearingHealth and Government Operations  View Committee Hearing
Broad Subject(s):Disabled
Taxes - Income
Narrow Subject(s):Administrative Agencies -see also- Electronic Government
Agents and Brokers
Annotated Code of Maryland
Attachments and Garnishments
Auditors and Audits
Committees and Commissions -see also- Political Committees
Contracts -see also- Land Installment Contracts; Procurement
Disabilities, Department of
Disabilities -see also- Blind; Deaf; Developmental
Estates and Trusts
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Health -see also- Mental Health
Higher Education -see also- Comm Colleges; Med Schools; etc.
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Interstate Affairs
Investments -see also- Securities
Legislative Services, Department of
Liability -see also- Good Samaritan
Medical Assistance
Power of Attorney
Public Information
Real Property
Records -see also- Land Records; Vital Records
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Statutes:Article - Education
(18-1901, 18-1902.1, 18-1904, 18-1905, 18-19A-05, 18-19B-05, 18-19C-01 through 18-19C-10)
Article - Estates and Trusts
Article - State Finance and Procurement
Article - State Government
Article - Tax - General
(10-205, 10-207, 10-208)

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Explanation of Floor Motions and Actions

October 24, 2017 5:08 P.M.