Senate Closes Out 113th Congress With Passage of Tax Extenders
Before adjourning the 113th Congress, the Senate sent to the president for his signature H.R. 5771, which would extend various tax provisions through December 31, 2014.
The so-called tax-extenders legislation includes the Achieving a Better Life Experience (ABLE) Act provision (H.R. 647), which will make tax-free savings accounts available for people with disabilities and their caretakers to cover qualified expenses such as education, housing and transportation.