LA Legislature Urges Congress to Pass ABLE
BATON ROUGE (April 26, 2013) -- The Louisiana Legislature has adopted a concurrent resolution calling on Congress to pass the Achieving A Better Life Experience (ABLE) Act to help individuals with disabilities, including those on the autism spectrum, to save for their future needs. Sponsored by Rep. Ander Crenshaw (R-FL) and Sen. Bob Casey (D-PA), the bipartisan measure has now attracted 140 sponsors in the U.S. House of Representatives and 30 in the Senate.
Sponsored by Rep. Regina Ashford Barrow of Baton Rouge, Louisiana House Concurrent Resolution 54 calls on Congress to enact ABLE because of its strong bipartisan support and because it "embodies sound economic policy by encouraging savings and asset building."
The ABLE Act (HR.647 and S.313) would allow the creation of tax-free Section 529 accounts for people with disabilities in order to save for their housing, transportation, health care, employment assistance and other needs without jeopardizing their eligibility for public benefits. A nationwide coalition of 50 disabilities groups, including Autism Speaks, has joined in support of the legislation.
The resolution can be read here