SB 828 — Florida ABLE Program
by Senator Benacquisto
This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.
Prepared by: Children, Families, and Elder Affairs Committee (CF)
The bill saves from repeal the Florida ABLE program and Florida ABLE, Inc., a direct-support organization. Florida ABLE Inc., established within the Florida Prepaid College Board, administers the Florida ABLE Program. The program allows individuals to make tax exempt contributions to meet certain expenses associated with a disabled individual. Such expenses are specified in the Internal Revenue Code and include: education, housing, transportation, employment training and support, assistive technology and personal support services, health, prevention and wellness services.
If approved by the Governor, these provisions take effect upon becoming law.
Vote: Senate 40-0; House 112-0