U.S. Representative Ed Royce (R-CA) released the following statement in reaction to passage of the Achieving a Better Life Experience (ABLE) Act of 2014 by the U.S. House of Representatives:
“Americans with disabilities face incredible challenges every day and saving for the future shouldn’t be one of them. The ABLE Act provides disabled individuals the financial independence to earn a paycheck and save their wages, rights that all Americans deserve.”
The ABLE Act would ease the financial burden for individuals with disabilities by creating tax-free accounts that can be used to save for disability-related expenses. These accounts can be created by individuals to support themselves or by families to support their dependents. Expenses would qualify as disability-related if they are for the benefit of an individual with a disability and are related to the disability. They include education, housing, transportation, employment support, health, and wellness costs, as well as costs related to assistive technology and personal support services.
Rep. Royce cosponsored the legislation on November 18, 2013, and voted for its passage today. He urges swift action from the Senate on similar pending legislation in order to move this important bill to the President’s desk for his signature.
Source:: U.S. Rep. Ed Royce