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, Social Welfare, Government Operations.
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 S1: 1. Short title This Act may be cited as the ABLE MATCH (Making Able a Tool to Combat Hardship) Act.
- Section idBDE1502658E34C4BB831D61A63A49ACB: 2. Findings Congress finds the following: People with disabilities are more than twice as likely to live in poverty than people without disabilities....
- Section id88FDFBBEADF34600B99733F1EA5BAB56: 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 HD646C4FCE9354731BF8050A98E8D2B32: 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 H7FA108012E4745A69DAC5002BD80FAE9: 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, Social Welfare, Government Operations
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
Sponsors
Legislative Progress
IntroducedMr. Casey (for himself, Mr. Wyden, Ms. Klobuchar, Mr. Sanders, …
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.
Learn more about our methodology