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Committee refers bill to allow state tax deduction for CalABLE contributions to suspense file
2756344 · March 24, 2025
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Summary
AB 984 would permit California taxpayers to deduct contributions to CalABLE accounts from state taxable income. CalABLE representatives and an account holder testified about the program’s role for people with disabilities; the bill was placed on the committee’s suspense file.
Assemblymember Wynne presented AB 984, which would allow a state income tax deduction for contributions to CalABLE accounts, the state’s tax-advantaged savings program for people with disabilities.
Thomas Martin, executive director of CalABLE, testified…
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