2015 House Bill 4543 / Public Act 161

Create college saving plan for disabled students

Introduced in the House

May 5, 2015

Introduced by Rep. Anthony Forlini (R-24)

To authorize an income tax deduction of $5,000 for an individual, $10,000 for a joint account, for contributions to a disabled person's "ABLE" education and living expense savings account that House Bill 4542 would authorize.

Referred to the Committee on Financial Services

May 20, 2015

Reported without amendment

Without amendment and with the recommendation that the bill pass.

May 27, 2015

Passed in the House 108 to 1 (details)

Received in the Senate

June 3, 2015

Referred to the Committee on Finance

July 15, 2015

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Sept. 29, 2015

Passed in the Senate 35 to 0 (details)

To authorize an income tax deduction of $5,000 for an individual, $10,000 for a joint account, for contributions to a disabled person's "ABLE" education and living expense savings account that House Bill 4542 would authorize.

Received in the House

Sept. 29, 2015

Oct. 1, 2015

Passed in the House 106 to 0 (details)

Signed by Gov. Rick Snyder

Oct. 28, 2015