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Code · BILL · 119th Congress · S. 4498 (Introduced in Senate) — To amend the Internal Revenue Code of 1986 to make expiring ABLE provisions permanent, improve accessibility and educ... · Sec. 9

Sec. 9. ABLE awareness grants

277 words·~1 min read·/bill/119/s/4498/is/section-9·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The Secretary may award grants to eligible entities for the purposes of promoting the availability of ABLE programs and their benefits and encouraging the establishment of ABLE accounts for eligible individuals. For purposes of this section, the term eligible entity means— any State, or any agency or instrumentality thereof; an Indian tribal government or any subdivision thereof; or any consortium of entities described in paragraph
(1)or (2). An eligible entity desiring a grant under this section shall submit to the Secretary an application at such time, in such manner, and containing or accompanied by such information, as the Secretary may reasonably require. The Secretary may not award a grant under this section unless the eligible entity agrees to collect data on the number of ABLE accounts established as a result of activities carried out with the grant funds. An eligible entity receiving a grant under this section shall use the grant to increase awareness of ABLE accounts and to provide information on how to enroll in such accounts. An eligible entity may use a grant under this section for— media buys; conferences, meetings, canvassing, and recruitment; and other activities to promote the availability and establishment of ABLE accounts. For purposes of this section: The terms ABLE program , ABLE account , and eligible individual have the respective meaning given such terms under section 529A of the Internal Revenue Code of 1986. The term Secretary means the Secretary of the Treasury or the Secretary's delegate. The term State includes any territory or possession of the United States. There is authorized to be appropriated to carry out this section $50,000,000 for each of fiscal years 2027 through 2031.
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