Bill Sponsor
California Assembly Bill 1076
Session 20252026
Qualified ABLE Program: CalABLE accounts: funding.
Became Law
Became Law
Became Law on Oct 13, 2025
Sponsor
First Action
Feb 20, 2025
Latest Action
Oct 13, 2025
Origin Chamber
Assembly
Type
Bill
Bill Number
1076
State
California
Session
20252026
Sponsorship by Party
Democrat
Author
Assembly Votes (4)
Senate Votes (5)
Summary
(1) Existing federal law, the Stephen Beck, Jr., Achieving a Better Life Experience Act of 2014 (ABLE Act) , encourages and assists individuals and families to save private funds for the purpose of supporting eligible individuals with disabilities to maintain their health, independence, and quality of life by excluding from gross income distributions used for qualified disability expenses by a beneficiary of a Qualified ABLE Program established and maintained by a state, as specified. Existing law establishes the Qualified ABLE Program for purposes of implementing the federal ABLE Act in this state, and creates the California ABLE Program Trust with the purposes, powers, and duties of the trust to be vested in and exercised by the California ABLE Act Board. Existing law requires the board to segregate the moneys coming into the ABLE program trust into 2 funds: the program fund, which is continuously appropriated, for specified purposes of the act, and the administrative fund, which is available upon appropriation by the Legislature for administration of the act. Existing law requires all moneys paid by designated beneficiaries or eligible individuals in connection with ABLE accounts to be deposited, as received, into the program fund, promptly invested, and accounted for separately. Existing law grants the board the power to accept grants, gifts, appropriations, and other moneys from any unit of federal, state, or local government, among other specified entities, for deposit to specified funds. This bill would authorize the California ABLE Act Board to additionally accept grants, gifts, legislative appropriations, and other moneys from a philanthropic entity, and would specify that the program can receive legislative appropriations. The bill would authorize the board to target specific subgroups of eligible individuals, as specified, and would authorize the board to use those moneys received to encourage eligible individuals to create an ABLE account or maximize account participation by engaging public awareness about the program. By authorizing new uses of moneys in a continuously appropriated fund, the bill would make an appropriation. (2) Existing law requires the Franchise Tax Board to include, on a taxpayer's form instructions for filing a return, information about the ability of a taxpayer to directly deposit a portion of their refund into the Golden State Scholarshare College Savings Trust, as specified. This bill would additionally require the Franchise Tax Board to include, on a taxpayer's form instructions for filing a return, information about the ability of a taxpayer to directly deposit a portion of their refund into the California ABLE Program Trust.
Documents (8)
10/13/2025
California State Legislature
Chaptered by Secretary of State - Chapter 722, Statutes of 2025.
10/13/2025
California State Legislature
Approved by the Governor.
09/15/2025
California State Legislature
Enrolled and presented to the Governor at 4:30 p.m.
09/08/2025
Assembly
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0. Page 3036.).
09/04/2025
Assembly
In Assembly. Concurrence in Senate amendments pending.
09/04/2025
Senate
Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0.).
09/02/2025
Senate
Ordered to special consent calendar.
08/29/2025
Senate
Read second time. Ordered to third reading.
08/29/2025
Senate
From committee: Do pass. (Ayes 7. Noes 0.) (August 29).
08/18/2025
Senate
In committee: Referred to suspense file.
07/09/2025
Senate
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 5. Noes 0.) (July 9). Re-referred to Com. on APPR.
07/02/2025
Senate
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on REV. & TAX.
07/01/2025
Senate
From committee: Do pass and re-refer to Com. on REV. & TAX. (Ayes 5. Noes 0.) (June 30). Re-referred to Com. on REV. & TAX.
06/18/2025
Senate
Referred to Coms. on HUMAN S. and REV. & TAX.
06/04/2025
Senate
In Senate. Read first time. To Com. on RLS. for assignment.
06/03/2025
Assembly
Read third time. Passed. Ordered to the Senate. (Ayes 79. Noes 0. Page 2012.)
05/27/2025
Assembly
Read second time. Ordered to third reading.
05/23/2025
Assembly
Read second time and amended. Ordered returned to second reading.
05/23/2025
Assembly
From committee: Amend, and do pass as amended. (Ayes 11. Noes 0.) (May 23).
05/23/2025
Assembly
Assembly Rule 63 suspended. (Ayes 51. Noes 16. Page 1644.)
04/23/2025
Assembly
In committee: Set, first hearing. Referred to suspense file.
04/08/2025
Assembly
From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (April 7). Re-referred to Com. on APPR.
04/01/2025
Assembly
Re-referred to Com. on REV. & TAX.
03/28/2025
Assembly
From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
03/17/2025
Assembly
Referred to Com. on REV. & TAX.
02/21/2025
Assembly
From printer. May be heard in committee March 23.
02/20/2025
Assembly
Read first time. To print.
Sources
Record Created
Feb 21, 2025 5:57:15 AM
Record Updated
Oct 15, 2025 8:34:10 AM