'ABLE Act' Passes Congress with Support from Mass.

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
'ABLE Act' Passes Congress with Support from Mass. Delegation

BURLINGTON, MA, MASS., Dec. 18, 2014 (GLOBE NEWSWIRE) -- After a long 8-year effort to educate Congress about the financial hardship facing people with Down syndrome and other disabilities, the Achieving a Better Life Experience (ABLE) Act (H.R. 647/S. 313) passed the US Senate as part of the Tax Extenders Package yesterday. With 77 co-sponsors in the senate and 381 in the House, the ABLE Act is the most bipartisan, bicameral bill before the 113th Congress. Having passed the House overwhelmingly two weeks ago and the Senate approval yesterday, it now goes before the President, who has 10 days to sign it into law.

"We did it," said MDSC Executive Director Maureen Gallagher. "Advocates from the MDSC and across the nation are accomplishing what they set out to do – to pass a long overdue piece of legislation that will allow people with Down syndrome and other disabilities and their family members to open tax advantaged savings accounts to save for their future without losing important benefits. Thank you to the entire MDSC community and to our national partner, the National Down Syndrome Society, for your tireless efforts to get this done."

In parternership with NDSS, the MDSC sends a group of advocates, including people with Down syndrome and their families, to the annual Buddy Walk on Washington to lobby for the ABLE Act and other disability legislation. Sixteen MDSC members from Massachusetts joined the Buddy Walk on Washington in March. "It will be a historic moment when people with Down syndrome and other disabilities will have the same ability to save for their future as other Americans can without losing essential benefits," Gallagher said. "We are now turning our focus to the White House!"

Ann Kelly of Lexington and her 19-year-old daughter Katie were two of the MDSC members who travelled to Washington, D.C. last winter to lobby members of Congress. "After 2 trips to Washington to advocate for the ABLE Act with my daughter, we're both thrilled that Congress recognized the merits of the bill," Kelly said. "Now people with disabilities and their families can save for their goals and futures. Katie plans to work in childcare, and now she can save money to help pay her tuition at a local community college that offers a certificate program in that field. The MDSC was instrumental in working with other disability organizations to push this long process to a successful conclusion."

Arthur McLaughlin of Hanson was another Buddy Walk on Washington participant. "The ABLE Act will give our family and our 10-year-old grandson, William, who was born with Down syndrome, the ability to save for the future without being hamstrung by the $2,000 asset limit," McLaughlin said. "The ABLE Act will finally give William and other physically and intellectually challenged citizens a real opportunity at independence and rising above the poverty level.

The measure would allow people with disabilities to set up savings accounts - with no tax on the earnings, similar to 529 college savings accounts - to cover housing, transportation and other expenses. They would be able to build up a financial cushion in their "ABLE accounts" without jeopardizing their eligibility for Medicaid and Social Security benefits. Under current law, to qualify for Medicaid and Social Security disability benefits, people with disabilities cannot have more than $2,000 in assets and cannot earn more than about $680 per month. There are 54 million Americans who have physical or intellectual disabilities, although only a subset of that population would be eligible and able to take advantage of the ABLE Act accounts.

Executive Director Gallagher noted that the entire Congressional delegation from Massachusetts were signed on as co-sponsors and 9 of the 11 senators and representatives ultimately voted for it: Senator Ed Markey and representatives Katherine Clark, Bill Keatiing, Richard Neal, Jim McGovern, Niki Tsongas, Joseph P. Kennedy III, John F. Tierney, and Stephen Lynch. "We truly appreciate their support and their votes," Gallagher said.

More than 100 disability rights groups support the ABLE Act. "The ABLE Act proves that people with disabilities and their families can make a difference," said Sara Weir, NDSS interim President. "We fought long and hard to make the ABLE Act a reality for all people with Down syndrome and their families in this country. This landmark legislation puts a stake in the ground that people with disabilities, for the first time ever, can work and save money for the future. For our community, this has been a civil rights issue, and we can't wait for President Obama to sign this bill into law."

Photos accompanying this release are available at:

http://www.globenewswire.com/newsroom/prs/?pkgid=29726

http://www.globenewswire.com/newsroom/prs/?pkgid=29727

Communications Director Josh Komyerov, 781-221-0024 or Maureen Gallagher, Executive Director, 781-221-0024 or

Scroll down for more posts ▼

Top 10 Most Recent News Articles

UAE Pioneers eATA Carnet System Beyond Europe

Updated Category News Views 191

Breaking Tradition with Digital Innovation Well, who would’ve thought? The UAE just leapt ahead in the trade game, becoming the first to roll out the eATA Carnet system beyond the cozy confines of Europe. This isn’t some run-of-the-mill tech rollout, folks. It’s a digital revolution in how temporary imports are handled—goodbye paper, hello efficiency! With this...

Continue Reading
New Metrics Aim to Elevate Organ Procurement Performance

Updated Category News Views 71

Revamping Organ Procurement: A New Approach In the tangled web of healthcare, the organ donation system stands as a lifeline that's often tangled in its metrics. The latest stride by the Association of Organ Procurement Organizations (AOPO) might put some untethered efforts in line. With an announcement on November 9, 2026, the AOPO unveiled three fresh performance...

Continue Reading
State Grid's Green Leap at COP31: Stepping into Action

Updated Category News Views 111

Electrification Takes Center Stage at COP31 Well, the folks over in Antalya are buzzing, and not just about their baklava. At COP31, the conversation's a whirlwind of electrification and industrial parks, and right in the thick of it is State Grid. They're not just pumping out kilowatts anymore; they're turning entire parks into green machines. This ain't just corporate...

Continue Reading
Honeywell Faces Investor Scrutiny: Class Action Deadline Looms

Updated Category News Views 119

Clouds Gather Over Honeywell Aerospace Sometimes the storm clouds are about as subtle as an elephant in your garden. And that's precisely what's brewing over at Honeywell Aerospace, Inc. (NASDAQ: HONA) these days. November 23, 2026, looms large as the deadline for investors to jump on board with a class action tied to alleged missteps that caught everyone off guard. The...

Continue Reading
Trimble Unveils Bold AI Tools in Construction Push

Updated Category News Views 151

Trimble Connect's Bold Move in AI In the relentless world of construction, where risk is as common as a hard hat, Trimble's rolling out some heavy-duty AI capabilities. Today, at the annual Trimble Dimensions bash in Las Vegas, the bigwigs at Trimble (NASDAQ:TRMB) flashed their latest trick: Trimble Connect's AI arsenal. It's not just a software upgrade; it's practically...

Continue Reading
SOTERIA and Tempus Unite for Military Cancer Battle

Updated Category News Views 95

The Military Faces Cancer's Grasp: A New Frontline There's a battle brewing in the healthcare world, one distinctly different from the chaos of stock tickers or quarterly earnings. It's about saving lives in a space where tactical precision is everything—cancer care for U.S. military personnel and veterans. SOTERIA Precision Medicine Foundation and Tempus (NASDAQ: TEM)...

Continue Reading
Burger King Revives Mini-Frenzy with 2026 Advent Calendar

Updated Category News Views 54

Nostalgia and Miniature Magic: Burger King's Holiday Ploy You ever seen a burger chain stir up more hype around the holidays than Santa in a bright red suit? Well, Burger King's back at it, logging into the nostalgia machine with their teensy-weensy-sized treats—just what frenetic mini fans and collectors clamor for. This pint-sized ploy plays right into the craze for...

Continue Reading
NAMSA, AMS Partner to Fast-Track Tissue-Healing Tech

Updated Category News Views 122

Streamlining the Path to Market I tell you, the medical device sector is no walk in the park these days. Between the regulators breathing down your neck and the endless red tape, getting a new product from the lab to the hospital floor can feel like running a marathon in quicksand. That's why this deal between NAMSA and Advanced Medical Solutions (AMS) has me taking a...

Continue Reading
GCC's Path to 10 Gbps: U6GHz Revolution Unfolds

Updated Category News Views 24

On the Journey to 10 Giga: The U6GHz Leap You know, sometimes the telco world kicks up a fuss about speed, and this time, it’s the upper 6 GHz (or U6GHz) band that’s got everyone abuzz. At the Telecom Review Leaders' Summit in Dubai, industry bigwigs gathered to discuss how this spectrum could catapult the GCC into the 10 Gbps connectivity stratosphere. Fancy-talk...

Continue Reading
Veterinary Stories Transform Pet Care in New Docuseries

Updated Category News Views 191

Peeling Back the Scrubs: Hidden Heroes in Vet Medicine Everyone's all-hands-on-deck when it's your furball on the line, but how much do you really know about what happens in those vet offices? Finally, National Veterinary Associates (NVA) is unzipping that mystery with a no-bones-about-it docuseries, Advancing Veterinary Medicine: Our Stories, right out of Austin, Texas....

Continue Reading

Top 5 Most Recently Viewed Articles

William Blair Expands Cybersecurity Banking Team with New Leaders

Updated Category News Views 427

William Blair Strengthens Cybersecurity Investment Banking William Blair, known for its prowess in investment banking, has recently enriched its team focused on cybersecurity with the addition of two seasoned professionals. This strategic move enhances William Blair's ability to provide specialized corporate finance and M&A advisory services to clients in the enterprise...

Continue Reading
Exciting Launch of IRIS²: A New Era for Europe's Space Initiative

Updated Category News Views 215

IRIS² Launches: A Transformative Step for Europe On a momentous occasion in Brussels, a significant milestone was reached as SpaceRISE, a consortium led by industry giants Eutelsat, Hispasat, and SES, secured a groundbreaking contract with the European Commission and the European Space Agency. This landmark agreement aims to create the Infrastructure for Resilience,...

Continue Reading
Investors Watch for Key Earnings Amid Market Fluctuations

Updated Category News Views 101

Market Overview and Earnings Expectations Stocks have shown mixed performance recently as investors prepare for a crucial week filled with significant corporate earnings reports that could impact ongoing market trends. The S&P 500 index saw a slight dip of nearly 0.1%, following a record high closing. Meanwhile, the Dow Jones Industrial Average retreated almost 0.2%,...

Continue Reading
Tecnoglass Challenges Short Seller Claims While Projecting Growth

Updated Category News Views 187

Tecnoglass Addresses Recent Allegations from Short Seller Report Company Firmly Denies All Claims They Deem Unfounded Company Affirms Optimistic Financial Projection for 2025 Tecnoglass, Inc. (NYSE: TGLS), an esteemed manufacturer of premium aluminum and vinyl windows as well as architectural glass for both residential and commercial markets, has made a bold statement in...

Continue Reading
Advancements in Awake Spine Surgery with Barricaid Device

Updated Category News Views 125

Innovative Implantation of Barricaid in Awake Surgery Intrinsic Therapeutics, Inc. has taken a significant step forward in the realm of spinal surgery by successfully performing the first implantation of the Barricaid Annular Closure Device while patients remain awake. This pioneering approach, led by Dr. Ernest E. Braxton Jr., a specialized neurosurgeon, completely...

Continue Reading