Rule 42.15.1001 - DEFINITIONSThe following definitions apply to terms used in this subchapter:
(1) "ABLE account" or "account" mean the same as "account," which is defined in 53-25-103, MCA.(2) "Achieving a better life experience (ABLE) program" or "program" means the same as "program," which is defined in 53-25-103, MCA.(3) "Contributor" means the same as the term is defined in 53-25-103, MCA, and includes the individuals listed in ARM 42.15.1002 that have contributed to one or more accounts established under the Montana ABLE program or to a qualified program established by another state, and are eligible for a deduction to adjusted gross income under 15-30-2110(12), MCA.Mont. Admin. r. 42.15.1001
NEW, 2021 MAR p. 76, Eff. 1/16/2021AUTH: 15-1-201, 15-30-2620, 53-25-118, MCA; IMP: 53-25-104, 53-25-117, 53-25-118, MCA