Montana ABLE Legislation Senate Bill 399

Montana

It is the intent of the legislature to give Montana residents access to a program authorized section 529A of the Internal Revenue Code, 26 U.S.C. 529A, to encourage and assist individuals and families in saving private funds for the purpose of supporting individuals with disabilities to maintain health, independence, and quality of life and to provide secure funding for disability-related expenses on behalf of designated beneficiaries with disabilities that will supplement, but not supplant, benefits provided through private insurance, federal and state medical and disability insurance, a beneficiary's employment, and other sources.

State Policies & Initiatives: 
Legislation
Systems: 
  • Department of Intellectual and Developmental Disabilities
Topics: 
  • Asset Development / Financial Capability
Date Enacted: 
05/05/2015
CITATIONS: