Rep. LaMalfa Votes to Expand Opportunities for Individuals with Disabilities
Washington, DC – Rep. Doug LaMalfa (R-CA) today voted in favor of legislation that would allow states to voluntarily establish and maintain a new tax-exempt savings account for individuals with disabilities to cover expenses such as education, housing, transportation, employment training, health, and related expenses. Similar to 529 plans, which permit families to save for a child’s higher-education investment fund, a 529A, or ABLE, account aims to provide families of a disabled child the opportunity to set aside money for long-term expenses.
“Individuals with disabilities should not be held back due to outdated policies that limit their opportunities to work, go to school, or plan for their future. This common sense legislation is about ensuring everyone has the ability to live their lives to their fullest potential,” continued LaMalfa. “By providing a vehicle to better save for long-term expenses and care, the ABLE Act will provide families, who already face tremendous financial burdens, the peace of mind they need in planning for their children’s future.”
H.R. 647, which Rep. LaMalfa cosponsored, passed the House of Representatives today on a 404-17 vote, and will be sent to the Senate.
Doug LaMalfa is a lifelong farmer representing California’s First Congressional District including, Butte, Glenn, Lassen, Modoc, Nevada, Placer, Plumas, Shasta, Sierra, Siskiyou and Tehama Counties.
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