AB 2039 (Fong) - Support - CalABLE Account

This bill incentivizes saving in CalABLE accounts because it allows for a state tax deduction in computing adjusted gross income in an amount equal to the amount contributed by a taxpayer during the taxable year to a CalABLE account.

pdf version 3-7-18 support letter
pdf version 4-27-18 support letter

AB 2253 (Irwin) - Support - Qualified CalABLE Accounts

AB 2253 would repeal the $100,000 limitation on moneys in, contributions to, and distributions for qualified disability expenses from an ABLE account, for purposes of determining eligibility for a state only funded or local only funded means-tested program.

pdf version 3-7-18 support letter