Bill · S. 4493· Senate(119-S-4493)
A bill to clarify the use of direct deposit for contributions to ABLE programs.
- Introduced
- 5/12/2026
- Last activity
- 5/12/2026 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Chris Van Hollen
- Cosponsors
- - 4 - 2
- Introduced
- In Committee
What this bill would do
This bill seeks to clarify how contributions are made to ABLE programs. It ensures that no existing law prevents people from using direct deposit to contribute to these qualified programs. The legislation is intended to address the use of direct deposit for those specific accounts.
Yes· 3 of 4
Would people with disabilities be better off under this?+4
The bill removes ambiguity regarding the use of direct deposit for contributions to ABLE programs, making it easier for people with disabilities to save.
Does this expand the rights of people with disabilities?+3
The bill facilitates easier management of ABLE accounts through the clarification of direct deposit use for individuals with disabilities.
Would households on low incomes be better off under this?+2
The bill eases the process for individuals to contribute to savings accounts intended to support financial stability for those with disabilities.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Use of direct deposit for contributions: This provision ensures that no provision of law prevents the use of direct deposit for making contributions to qualified ABLE programs (Section 1). This allows for a specific method of contributing to these accounts.
Potential Negative Impacts for People
- No negative impacts are explicitly stated in the text: The provided text does not list any provisions that would result in negative consequences or burdens for individuals or groups.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For People With Disabilities+4Good For Low Income Households+2
- Social Issues And Justice
- Improves Disability Rights+3Improves Poverty Reduction+1
- 6/9/2026
- 4 Cosponsors added.
- 5/12/2026
- Read twice and referred to the Committee on Finance.
- 3 Cosponsors added.
- Introduced in Senate
Tammy DuckworthDemocrat · Illinois
John FettermanDemocrat · Pennsylvania
Kirsten GillibrandDemocrat · New York
Amy KlobucharDemocrat · Minnesota
Jerry MoranRepublican · Kansas
Bernie SandersIndependent · Vermont
Thomas TillisRepublican · North Carolina