Nevada Gov. Sisolak signs ABLE accounts bill into law
Creating incentives to help those with disabilities
Nevada Governor s office
and last updated 2021-04-22 00:04:44-04
CARSON CITY (KTNV) â Today, Governor Steve Sisolak signed
Assembly Bill 62 authorizes the Nevada state treasurerâs office to create regulations for ABLE accounts to incentivize the opening of new accounts, and regular deposits.
An ABLE account is a tax-advantaged savings account that can fund disability expenses and Nevada is the first state in the nation to pass this type of legislation.
This bill will allow the treasurerâs office to seek out gifts, grants, and donations to carry out the ABLE program.