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CA SJR18
Joint Resolution
AI Summary
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Urges the President and Congress of the United States to immediately enact the Achieving a Better Life Experience Act of 2011 (ABLE Act)
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Supports creation of disability savings accounts for individuals with developmental or other disabilities to save for future needs with tax-free interest accrual
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Addresses the need for families to plan long-term financial security for family members with disabilities, covering expenses such as medical and dental care, education, assistive technology, housing, and transportation
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Distinguishes ABLE Act accounts from existing "529" college tuition plans by providing broader flexibility with no age limitations and a wider array of allowable expenses for those with disabilities
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Directs the California Legislature to transmit copies of the resolution to the President, Vice President, Congress members, and U.S. Senators and Representatives from California
Legislative Description
Individuals with disabilities: tax exempt accounts.
Last Action
Chaptered by Secretary of State. Res. Chapter 62, Statutes of 2012.
6/25/2012