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7 LONG TITLE
8 General Description:
9 This bill modifies the Achieving a Better Life Experience (ABLE) Program.
10 Highlighted Provisions:
11 This bill:
12 ▸ modifies provisions of the ABLE program, which has the effect of requiring the
13 Department of Workforce Services to administer a state ABLE program or partner
14 with another state to provide access to that state's ABLE program; and
15 ▸ makes technical changes.
16 Money Appropriated in this Bill:
17 None
18 Other Special Clauses:
19 None
20 Utah Code Sections Affected:
21 AMENDS:
22 35A-12-201, as last amended by Laws of Utah 2017, Chapter 222
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24 Be it enacted by the Legislature of the state of Utah:
25 Section 1. Section 35A-12-201 is amended to read:
26 35A-12-201. Creation of program.
27 (1) There is created the state Achieving a Better Life Experience Program.
28 (2) The department shall do one of the following:
29 (a) administer the state Achieving a Better Life Experience Program in compliance
30 with:
31 (i) 26 U.S.C. Sec. 529A; and
32 (ii) regulations, if any, issued by the United States Department of the Treasury; or
33 (b) enter into a contract with a state that maintains a qualified ABLE program to
34 provide Utah residents access to that state's qualified ABLE program[
35 [
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37 (3) This chapter may not be interpreted to:
38 (a) authorize or provide a disability-related service to an eligible individual;
39 (b) be a factor in establishing residency; or
40 (c) provide that contributions made into an account are sufficient to cover the qualified
41 disability expenses of an eligible individual.
42 (4) An account is not insured or guaranteed by the state.
43 (5) The state does not guarantee the rate or payment of interest or other return on an
44 account.