H.R. 9801IntroducedHouse · nowSenatePresidentLawIn committeeSec. 6 · H.R. 9801
Grants to promote use of ABLE accounts and the matching contribution credit
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(a) In general The Secretary of the Treasury (or the Secretary’s delegate) may award grants to States to enable States to promote ABLE accounts (as defined in section 529A(e) of the Internal Revenue Code of 1986) and matching payments for contributions to such accounts (as provided under section 6433A of such Code, as added by this Act). (b) Authorization of appropriations There is authorized to be appropriated to carry out this section $5,000,000 for each of fiscal years 2027 through 2031.