Willis Moves to Boost Financial Resources of People with Disabilities
04/21/2015SPRINGFIELD, Ill. – People with disabilities and their families will be able to create tax-exempt savings accounts to make disability services more affordable under a bill being co-sponsored by state Rep. Kathleen Willis, D-Addison.
“As many social service programs are being reviewed under the budget process, it’s important we look to creative ways to make sure people with disabilities are still able to access the services they need,” said Willis “This bill will create financial tools for people with disabilities and their families to continue to access the support they need.”
The proposed legislation will create the Achieving a Better Life Experience (ABLE) program. Under the program, individuals with disabilities and their families would be able to create tax-exempt savings accounts where they can deposit money that would later be used for expenses related to their disability. Such expenses would include healthcare costs or expenditures required for the individual to live an independent life. The accounts would be administered through the Illinois State Treasurer’s Office.
“People with special needs not only face personal challenges, but financial challenges as well,” said Willis. “This bill will help families of people with special needs to plan for their future and live full and independent lives.”
Willis is serving her second term in the Illinois General Assembly as State Representative of the 77th District, which includes O’Hare Airport and portions of Addison, Bellwood, Bensenville, Franklin Park, Maywood, Melrose Park, Northlake, Stone Park, and Wood Dale.