ABLE Tomorrow Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4498 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4498 To amend the Internal Revenue Code of 1986 to make expiring ABLE provisions permanent, improve accessibility and education for families, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 12, 2026 Mr. Moran (for himself, Mr. Van Hollen, Mr. Tillis, and Ms. Klobuchar) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to make expiring ABLE provisions permanent, improve accessibility and education for families, and for other purposes. 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 ``ABLE Tomorrow Act''. SEC. 2. FINDINGS. Congress finds the following: (1) People with disabilities are more than two and half times as likely to live in poverty than people without disabilities. In every State, people with disabilities experience higher poverty rates than both the rate for people without disabilities and the overall State poverty rate. Households containing an adult with a disability that limits their ability to work require more income to obtain the same standard of living as similar households without a member with a disability. (2) The Stephen Beck, Jr., Achieving a Better Life Experience Act of 2014 provided for qualified ABLE programs, which provided eligible people with disabilities the opportunity to open tax-advantaged savings accounts which they can use for meeting qualified disability-related expenses without the risk of losing eligibility for certain benefits they need to maintain health, independence, and quality of life. (3) Since the establishmen