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II
118th CONGRESS
2d Session
S. 4909
IN THE SENATE OF THE UNITED STATES
July 31, 2024Mr. Casey (for himself, Ms. Hirono, Mr. Wyden, Mr. Welch, Mr. Van Hollen, Ms. Klobuchar, Mr. Sanders, and Ms. Duckworth) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To clarify the use of direct deposit for contributions to ABLE programs.
1.
Use of direct deposit for contributions to ABLE programs
No provision of law shall be construed to prevent the use of direct deposit for making contributions to qualified ABLE programs (as defined in section 529A of the Internal Revenue Code of 1986).