Bipartisan, bicameral legislation to allow for tax advantaged savings accounts for individuals with disabilities was introduced by Senators Robert Casey, Jr., (D-PA) and Richard Burr (R-NC) in the Senate, and Representatives Ander Crenshaw (R-FL), Chris Van Hollen (D-MD), Cathy McMorris Rodgers (R-WA), and Pete Sessions (R-TX) in the House of Representatives. The Achieving a Better Life Experience Act of 2013 (ABLE Act; S. 313, H.R. 647) would create ABLE savings accounts that allow people with disabilities to save for certain expenses, like education, housing, and transportation. ABLE accounts would be disregarded when determining eligibility for Medicaid, Supplemental Security Income (SSI) programs, and other means-tested programs. The Arc strongly supports this legislation.
The legislation has 59 original House cosponsors and 16 original Senate cosponsors.