Legislation
- Title
- Maryland Achieving a Better Life Experience (ABLE) Program - Account Clarifications
- Sponsored by
- Senators Feldman and Zucker
- Status
- Approved by the Governor - Chapter 133
- Analysis
- Fiscal and Policy Note
Synopsis
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.
Committees
Details
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Statutes
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(
18-19C-01, 18-19C-03 )
Last Updated: 2/3/2020 2:33 PM