Regards Ohio ABLE accounts

SB 128 creates Ohio's state-run ABLE (Achieving a Better Life Experience) account program, allowing individuals with disabilities to save for qualified disability-related expenses without losing eligibility for means-tested public benefits like Medicaid or Supplemental Security Income (SSI). The bill directs the state treasurer to establish the program, set contribution limits, and ensure funds are exempt from resource calculations for benefit eligibility under Section (H). It requires accounts to be managed separately per beneficiary, imposes administrative fees (paid by the state for account owners), and mandates quarterly statements. The program aligns with federal tax rules to maintain tax-advantaged status while protecting beneficiaries' access to public assistance.