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Referenced Laws
Section 529A(b)(2)(B)(ii)
Section 25B(d)(1)
Section 529(c)(3)(C)(i)(III)
Section 1
1. Short title This Act may be cited as the Ensuring Nationwide Access to a Better Life Experience Act or the ENABLE Act.
Section 2
2. Permanent extension of increased contributions to ABLE accounts Section 529A(b)(2)(B)(ii) of the Internal Revenue Code of 1986 is amended by striking before January 1, 2026. Section 25B(d)(1) of the Internal Revenue Code of 1986, as amended by section 103(e)(1) of the SECURE 2.0 Act of 2022, is amended by striking before January 1, 2026,. The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.
Section 3
3. Permanent extension of rollovers to ABLE programs from 529 programs Section 529(c)(3)(C)(i)(III) of the Internal Revenue Code of 1986 is amended by striking before January 1, 2026,. The amendment made by this section shall apply to distributions made after the date which is 10 days after the date of the enactment of this Act.