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CA AB1076

Bill

Status

Passed

10/13/2025

Primary Sponsor

Dawn Addis

Click for details

Origin

State Assembly

2025-2026 Regular Session

AI Summary

  • Authorizes the California ABLE Act Board to accept grants, gifts, legislative appropriations, and other moneys from philanthropic entities to support ABLE accounts for individuals with disabilities

  • Allows the board to target specific subgroups of eligible individuals and use funds to encourage account creation and maximize participation through public awareness campaigns

  • Requires the Franchise Tax Board to include information on tax return instructions about directly depositing refunds into the California ABLE Program Trust, in addition to existing information about the Golden State Scholarshare College Savings Trust

  • California ABLE Act Board must provide the Franchise Tax Board with a description of the program (five lines or less) for inclusion in taxpayer form instructions

  • Makes an appropriation by authorizing new uses of moneys in the continuously appropriated program fund

Legislative Description

Qualified ABLE Program: CalABLE accounts: funding.

Last Action

Chaptered by Secretary of State - Chapter 722, Statutes of 2025.

10/13/2025

Committee Referrals

Appropriations7/9/2025
Revenue and Taxation7/1/2025
Human Services6/18/2025
Rules6/4/2025
Appropriations4/8/2025
Revenue and Taxation3/17/2025

Full Bill Text

No bill text available