· IL legislature · 104th

ABLE ACCOUNT CONTRIBUTIONS

Amends the State Treasurer Act. Provides that, subject to appropriation, the State Treasurer may make a matching contribution of $50 to an ABLE account opened on or after January 1, 2026 for a beneficiary who is a resident of Illinois. Provides that the matching contribution shall be limited to one contribution per…

Sponsor

Laura Fine (D-IL)

Introduced

2025-01-17

Policy area

Social Welfare

Latest action

Rule 3-9(a) / Re-referred to Assignments