To amend the Internal Revenue Code of 1986 to provide matching payments for ABLE account contributions by certain individuals, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide matching payments for ABLE account contributions by certain individuals, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Labor.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H081907C879A84012BC093079777BDF03: 1. Short title This Act may be cited as the ABLE MATCH (Making Able a Tool to Combat Hardship) Act.
- Section HE4365960C4D64E75B78F37701F688346: 2. Findings Congress finds the following: People with disabilities are more than twice as likely to live in poverty than people without disabilities....
- Section H57F140553EB64268B912C681FDDDFB8E: 3. Purposes The purposes of this Act are— to encourage and assist individuals with disabilities with fewer resources to save using ABLE accounts; to increase...
- Section H7D6BEB9ADCE54F6DACA432A196D8B034: 4. Matching payments for ABLE account contributions by certain individuals Subchapter B of chapter 65 of the Internal Revenue Code of 1986 is amended by adding...
- Section H2CB972CBE09A4CE295D92D8E88376DAC: 6434. Matching payments for ABLE account contributions by certain individuals Any individual who is the designated beneficiary of an ABLE account as of the...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide matching payments for ABLE account contributions by certain individuals, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Government Operations, Labor
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to provide matching payments for ABLE account contributions by certain individuals, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Legislative Progress
IntroducedMrs. Dingell introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_treasury"
- → Secretary of the Treasury
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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