§ 7304.2. Pennsylvania ABLE Savings Program tax exemption
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: October 30, 2017
Effective: October 30, 2017
72 P.S. § 7304.2
§ 7304.2. Pennsylvania ABLE Savings Program tax exemption
“Account.” An ABLE savings account as defined in section 1021 of the Pennsylvania ABLE Act.
“Contributor.” An individual who makes a contribution to an account as defined in section 102 of the Pennsylvania ABLE Act.
“Designated beneficiary.” The term shall have the same meaning as provided in section 102 of the Pennsylvania ABLE Act.
“Internal Revenue Code.” The Internal Revenue Code of 1986 (Public Law 99-514, 26 U.S.C. § 1 et seq.), as amended.
“Pennsylvania ABLE Act.” The act of April 18, 2016 (P.L. 128, No. 17),2 known as the Pennsylvania ABLE Act.
“Pennsylvania ABLE Savings Program.” The program established under the Pennsylvania ABLE Act.
“Qualified disability expense.” The term shall have the same meaning as provided in section 102 of the Pennsylvania ABLE Act.
Credits
1971, March 4, P.L. 6, No. 2, art. III, § 304.2, added 2017, Oct. 30, P.L. 672, No. 43, § 7, imd. effective.
72 P.S. § 7304.2, PA ST 72 P.S. § 7304.2
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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