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Panel OKs cleanup to ABLE accounts to align Montana with federal age change
Summary
The House Taxation Committee voted 20-1 to pass House Bill 671, a technical change to the Montana ABLE program to incorporate the Internal Revenue Code and align Montana eligibility with a federal increase in the qualifying age from 26 to 46.
The House Taxation Committee voted 20-1 to advance House Bill 671, a cleanup measure to the Montana Achieving a Better Life Experience (ABLE) Act that incorporates the Internal Revenue Code into the act's definitions.
Sponsor Representative Melissa Nikola Kackos said the change is technical: it updates state law so Montana will automatically mirror a federal change that raised…
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