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CA SJR31
Joint Resolution
AI Summary
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Urges the President and Congress to immediately enact the Achieving a Better Life Experience Act of 2009 (ABLE Act), proposed in H.R. 1205 and S. 493
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Calls for creation of disability savings accounts for individuals with developmental or other disabilities that would accrue interest tax-free
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Supports ABLE Act as alternative to college savings plans (529 plans), addressing financial planning needs specific to families with disabled members
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Would allow tax-free savings for essential expenses including medical and dental care, education, assistive technology, housing, transportation, and personal support services with no age limitations
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Directs California Legislature Secretary to transmit resolution to President, Vice President, Congressional leadership, and California's federal representatives
Legislative Description
Individuals with disabilities: tax exempt accounts.
Last Action
Chaptered by Secretary of State. Res. Chapter 54, Statutes of 2010.
7/6/2010