Pennsylvania SB1361 amends the Pennsylvania ABLE Act to exclude contributions to ABLE savings accounts when determining eligibility for disabled.
Pennsylvania SB1361 amends the Pennsylvania ABLE Act, which provides for the establishment of a savings program for individuals with disabilities. The bill specifically excludes contributions made to an ABLE savings account from being considered annual income or in determining need for a disabled veterans' real estate tax exemption. This exclusion applies to determinations made on or after January 1, 2027.
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