establishing the achieving a better life experience (ABLE) savings account program administrative fund.
Maddy summaryThis bill creates a dedicated administrative fund to cover the costs of running New Hampshire's Achieving a Better Life Experience (ABLE) savings account program, which helps individuals with disabilities save money for qualified expenses. The fund will be financed through fees charged to participants and by accepting cash gifts, grants, and donations, ensuring that no money from the state's general budget is used for these expenses. State officials will manage the program and use the collected funds to pay for necessary administrative and promotional activities.
Signed into law Jun 20, 2024
1 co-sponsor