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How will the ENABLE Act influence state-level disability savings programs by December 31, 2025?
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Resolution / Starting Odds
Adoption of similar programs in more than 10 states • 25%
Adoption of similar programs in 5-10 states • 25%
Adoption of similar programs in less than 5 states • 25%
No significant changes • 25%
State government announcements and financial reports
Story
Bipartisan ENABLE Act Passes Senate, Led by Senator Schmitt, Supports Savings for Disabled Individuals
Sep 19, 2024, 07:17 PM
The bipartisan ENABLE Act has successfully passed the Senate. The legislation, spearheaded by Senator Eric Schmitt, aims to support individuals with disabilities by making parts of the tax code permanent, which helps ABLE account holders save more for their futures. Senator Schmitt, who hosted a roundtable with disability rights advocates and ABLE account owners, expressed gratitude for the support received. The Act will allow individuals and their families to continue saving and investing through tax-free savings accounts under the ABLE program. Senator Katie Britt highlighted that the ENABLE Act would foster opportunities for Americans with disabilities to invest and save towards their future.
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Similar markets
Yes • 50%
No • 50%
California • 25%
New York • 25%
Texas • 25%
Other • 25%
Yes • 50%
No • 50%
National Disability Rights Network • 25%
American Association of People with Disabilities • 25%
The Arc of the United States • 25%
Other • 25%
Massachusetts enacts supportive measures • 25%
West Virginia enacts supportive measures • 25%
Both states enact supportive measures • 25%
Neither state enacts supportive measures • 25%
Increased state benefits • 25%
Decreased state benefits • 25%
No change in state benefits • 25%
Other • 25%
Yes • 50%
No • 50%
Eric Schmitt • 25%
Bob Casey • 25%
Katie Britt • 25%
Other • 25%
Passes supportive legislation • 33%
Passes blocking legislation • 33%
No legislative action • 34%
