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Bill Summary · LC 1900

Legislative bill overview

LC 1900 proposes to revise definitions within Montana's ABLE Act to align them with Montana's individual income tax code. The bill appears to be a technical/conforming change ensuring consistent terminology and standards across related state tax legislation. This is currently in draft form and has not yet been formally introduced as a bill.

Why is this important

ABLE accounts are tax-advantaged savings accounts for individuals with disabilities, and alignment between the ABLE Act and income tax code prevents conflicting interpretations that could affect account eligibility, contribution limits, or tax treatment. Conforming changes eliminate administrative confusion and ensure beneficiaries and financial institutions understand requirements consistently. This affects disabled Montanans who rely on ABLE accounts for tax-efficient savings.

Potential points of contention

  • Lack of publicly available details on which specific definitions are being changed and how the modifications might affect account holders or contribution eligibility
  • Unclear whether changes expand or restrict access to ABLE accounts for disabled individuals in Montana
  • Unknown whether revisions align Montana more closely with federal ABLE Act standards or create state-specific variations

Compiled from official sources — confirm details with the bill’s official record.

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