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[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1436 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 1436

 To amend the Internal Revenue Code of 1986 to make certain provisions 
           with respect to qualified ABLE programs permanent.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 18, 2025

 Mr. Smucker (for himself, Mr. Beyer, Mr. Fitzpatrick, Ms. Norton, Mr. 
    Stauber, Mr. Rogers of Alabama, Mr. Foster, Mrs. Miller of West 
 Virginia, Mr. Neguse, and Mr. Schmidt) introduced the following bill; 
         which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to make certain provisions 
           with respect to qualified ABLE programs permanent.

    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 ``Ensuring Nationwide Access to a 
Better Life Experience Act'' or the ``ENABLE Act''.

SEC. 2. PERMANENT EXTENSION OF INCREASED CONTRIBUTIONS TO ABLE 
              ACCOUNTS.

    (a) In General.--Section 529A(b)(2)(B)(ii) of the Internal Revenue 
Code of 1986 is amended by striking ``before January 1, 2026''.
    (b) Allowance of Savers Credit.--
            (1) In general.--Section 25B(d)(1) of the Internal Revenue 
        Code of 1986 is amended to read as follows:
            ``(1) In general.--The term `qualified retirement savings 
        contributions' means, with respect to any taxable year, the sum 
        of--
                    ``(A) the amount of contributions made by the 
                eligible individual during such taxable year to the 
                ABLE account (within the meaning of section 529A) of 
                which such individual is the eligible beneficiary, and
                    ``(B) in the case of any taxable year beginning 
                before January 1, 2027--
                            ``(i) the amount of the qualified 
                        retirement contributions (as defined in section 
                        219(e)) made by the eligible individual,
                            ``(ii) the amount of--
                                    ``(I) any elective deferrals (as 
                                defined in section 402(g)(3)) of such 
                                individual, and
                                    ``(II) any elective deferral of 
                                compensation by such individual under 
                                an eligible deferred compensation plan 
                                (as defined in section 457(b)) of an 
                                eligible employer described in section 
                                457(e)(1)(A), and
                            ``(iii) the amount of voluntary employee 
                        contributions by such individual to any 
                        qualified retirement plan (as defined in 
                        section 4974(c)).''.
            (2) Coordination with secure 2.0 act of 2022 amendment.--
        Paragraph (1) of section 103(e) of the SECURE 2.0 Act of 2022 
        is repealed, and the Internal Revenue Code of 1986 shall be 
        applied and administered as though such paragraph were never 
        enacted.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years ending after the date of the enactment of this 
Act.

SEC. 3. PERMANENT EXTENSION OF ROLLOVERS TO ABLE PROGRAMS FROM 529 
              PROGRAMS.

    (a) In General.--Section 529(c)(3)(C)(i)(III) of the Internal 
Revenue Code of 1986 is amended by striking ``before January 1, 
2026,''.
    (b) Effective Date.--The amendment made by this section shall apply 
to distributions made after the date of the enactment of this Act.
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