A bill to clarify the use of direct deposit for contributions to ABLE programs.

Read twice and referred to the Committee on Finance.

2026-05-12

The bill would allow people to set up automatic transfers from their paychecks directly into ABLE savings accounts, which are special tax-advantaged accounts designed for individuals with disabilities to save money without losing government benefits. This change would make it easier for workers with disabilities and their families to build savings by using the same direct deposit system many people already use for their regular bank accounts. The measure clarifies that employers and financial institutions can process these automatic transfers the same way they handle regular paycheck deposits.