2014 Louisiana Laws
Revised Statutes
TITLE 46 - Public Welfare and Assistance
RS 46:1724 - General program rules

LA Rev Stat § 46:1724 What's This?

§1724. General program rules

A. For purposes of any other provision of law which may pertain, in effect, to the program, except as otherwise provided in this Section, the program and the ABLE Accounts thereof shall be treated in the same manner as a qualified tuition program and the accounts provided for in the Louisiana Student Tuition Assistance and Revenue Trust Program law, R.S. 17:3091 et seq.

B. Qualified disability expenses paid from an ABLE Account shall be treated in the same manner as qualified higher education expenses are treated.

C. Maximum contributions to ABLE Accounts shall be no higher than the limit established by the state for the Louisiana Student Tuition Assistance and Revenue Trust Program, R.S. 17:3091 et seq.

Acts 2014, No. 93, §2.

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