AB-1076 • 2026

Qualified ABLE Program: CalABLE accounts: funding.

Budget Taxes

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Addis
Last action: 2025-10-13
Official status: Chaptered by Secretary of State - Chapter 722, Statutes of 2025.
Effective date: Not listed

Plain English Breakdown

The bill does not specify how much funding will be received from philanthropic entities, nor does it detail which specific subgroups of eligible individuals may be targeted for encouragement to open or increase their ABLE accounts.

CalABLE Accounts Funding

This law allows the CalABLE program to accept funding from philanthropic entities and requires tax forms to include information about depositing refunds into ABLE accounts.

What This Bill Does

Allows the California ABLE Act Board to receive grants, gifts, legislative appropriations, and other moneys from a philanthropic entity in addition to government sources.
Requires the Franchise Tax Board to include on tax forms instructions for taxpayers to deposit their refunds into the CalABLE Program Trust.

Who It Names or Affects

Individuals with disabilities who can benefit from ABLE accounts.
Taxpayers who file California state taxes and may want to use their refund for an ABLE account.

Terms To Know

ABLE Act: A federal law that helps people save money for individuals with disabilities.
CalABLE Program Trust: The trust fund in California where ABLE account funds are kept and managed.

Limits and Unknowns

Does not specify how much funding the program will receive from philanthropic entities.
It is unclear which specific subgroups of eligible individuals may be targeted for encouragement to open or increase their accounts.

Bill History

2025-10-13 California Legislative Information
Chaptered by Secretary of State - Chapter 722, Statutes of 2025.
2025-10-13 California Legislative Information
Approved by the Governor.
2025-09-15 California Legislative Information
Enrolled and presented to the Governor at 4:30 p.m.
2025-09-08 California Legislative Information
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 79. Noes 0. Page 3036.).
2025-09-04 California Legislative Information
In Assembly. Concurrence in Senate amendments pending.
2025-09-04 California Legislative Information
Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 2523.).
2025-09-02 California Legislative Information
Ordered to special consent calendar.
2025-08-29 California Legislative Information
Read second time. Ordered to third reading.
2025-08-29 California Legislative Information
From committee: Do pass. (Ayes 7. Noes 0.) (August 29).
2025-08-18 California Legislative Information
In committee: Referred to suspense file.
2025-07-09 California Legislative Information
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.
2025-07-02 California Legislative Information
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.
2025-07-01 California Legislative Information
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.
2025-06-18 California Legislative Information
Referred to Coms. on HUMAN S. and REV. & TAX.
2025-06-04 California Legislative Information
In Senate. Read first time. To Com. on RLS. for assignment.
2025-06-03 California Legislative Information
Read third time. Passed. Ordered to the Senate. (Ayes 79. Noes 0. Page 2012.)
2025-05-27 California Legislative Information
Read second time. Ordered to third reading.
2025-05-23 California Legislative Information
Read second time and amended. Ordered returned to second reading.
2025-05-23 California Legislative Information
From committee: Amend, and do pass as amended. (Ayes 11. Noes 0.) (May 23).
2025-05-23 California Legislative Information
Assembly Rule 63 suspended. (Ayes 51. Noes 16. Page 1644.)
2025-04-23 California Legislative Information
In committee: Set, first hearing. Referred to suspense file.
2025-04-08 California Legislative Information
From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (April 7). Re-referred to Com. on APPR.
2025-04-01 California Legislative Information
Re-referred to Com. on REV. & TAX.
2025-03-28 California Legislative Information
From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
2025-03-17 California Legislative Information
Referred to Com. on REV. & TAX.
2025-02-21 California Legislative Information
From printer. May be heard in committee March 23.
2025-02-20 California Legislative Information
Read first time. To print.

Official Summary Text

AB 1076, Addis.
Qualified ABLE Program: CalABLE accounts: funding.
(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.

Current Bill Text

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