{"database": "press", "table": "releases", "rows": [["http://dennisross.house.gov/news/documentsingle.aspx?DocumentID=398225", "Ross Helps to Pass Legislation for Tax Extenders and Savings Accounts for People with Disabilities", "2014-12-03", "2014", "2014-12", "Republican", "House", "FL", "Dennis Ross", "R000593", "dennisross.house.gov", null, null, "legacy", "WASHINGTON, D.C. --U.S. Rep. Dennis A. Ross (R-FL-15), Senior Deputy Majority Whip, and member of the House Committee of Financial Services today released the following statement after voting to pass H.R. 647, the Achieving a Better Life Experience (ABLE) Act and H.R. 5771, the Tax Increase Prevention Act.\u00a0\r\n\r\n\u201cBoth pieces of legislation are important for individuals and businesses in Florida.\r\n\u201cMany families are able to receive tax incentives for college and retirement accounts but unfortunately, tax preferred accounts are not available to individuals with disabilities. People with disabilities deserve to have similar savings instruments so their families can plan for their future. The ABLE Act empowers disabled individuals and families to save money in an account so their children can maintain their health and independence throughout their lives. In the state of Florida, 15.6 percent of individuals are disabled and I am happy to help them and their families better plan for the future.\r\n\u201cIf the tax extenders package did not pass, millions of families and businesses in Florida would experience sharp and unexpected tax increases. This legislation will extend 55 tax provisions including one that helps small businesses utilize research and development opportunities. Another will provide teachers the opportunity to file for a deduction for supplies they purchased with their own funds to help their students in the classroom.\u201d\r\n\u00a0\r\nExamples of how H.R. 5771, the Tax Increase Prevention Act will benefit individuals and businesses are:\r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extend tax relief provisions that expired either at the end of calendar year 2013 or during 2014.\r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extension of deduction for certain expenses of elementary and secondary school teachers. \r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extension of exclusion from gross income of discharge of qualified principal residence indebtedness.\r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extension of mortgage insurance premiums treated as qualified residence interest.\r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extension of deduction of State and local general sales taxes.\r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extension of above-the-line deduction for qualified tuition and related expenses.\r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extension of tax-free distributions from individual retirement plans for charitable purposes.\r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extension of research credit.\r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extension of military housing allowance exclusion for determining whether a tenant in certain counties is low-income.\r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extension of new markets tax credit.\r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extension of railroad track maintenance credit.\r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extension of mine rescue team training credit.\r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extension of employer wage credit for employees who are active duty members of the uniformed services.\r\n\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Extension of work opportunity tax credit.\r\nYou may view H.R. 5771 by clicking here.\r\n\u00a0\r\nThe ABLE Act \u00a0amends the Internal Revenue Code to establish tax-exempt ABLE accounts to assist an individual with a disability in building an account to pay for qualified disability expenses. It also defines \"qualified disability expenses\" to include expenses for education, including higher education expenses, a primary residence, transportation, obtaining and maintaining employment, health and wellness, and other personal support expenses.\r\nYou may view H.R. 647, by clicking here.\r\n\u00a0\r\n ###", 1, "2026-03-30T12:14:52Z", "2026-03-30T12:14:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["http://dennisross.house.gov/news/documentsingle.aspx?DocumentID=398225"], "units": {}, "query_ms": 1.3345859479159117, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}