District of Columbia ARC Legislation (DC Act 21-203)

Washington DC

To amend Title 47 of the District of Columbia Official Code to establish  qualified ABLE Program, to be known as the ABLE Program trust, pursuant to the requirements of the federal Stephen Beck, Jr. achieving a Better Life Experience Act of 2014 to exempt from income taxation the earnings on deposits made to an ABLE Program Trust by an eligible individual to assist the individual with certain expenses related to the individual's blindness or disability.
 
State Policies & Initiatives: 
Legislation
Systems: 
  • Other
Topics: 
  • Asset Development / Financial Capability
Date Enacted: 
11/23/2015
CITATIONS: