Senator Schmitt Celebrates President Trump Signing the One Big Beautiful Bill into Law
Bill Includes Schmitt’s Provisions to Support Americans with Disabilities
WASHINGTON – U.S. Senator Eric Schmitt (R-MO) issued the following statement after President Trump signed the One Big Beautiful Bill into law. The bill includes several of Senator Schmitt’s priorities to support Missouri families and people with disabilities.
“Today, President Trump signed the One Big Beautiful Bill into law, enacting an America First Agenda and delivering on his electoral mandate. This landmark law seizes the historic opportunity to reverse mass migration, secure the border, strengthen our military, slash taxes, and end America’s decline. We are entering a new era of prosperity, pride, strength, and national renewal — the Golden Age of America is here,” said Senator Schmitt.
The One Big Beautiful Bill includes:
- Tax cuts that will result in Missouri families seeing take home pay increase between $6,900 to $11,600.
- Senator Schmitt’s ENABLE Act, which enhances ABLE (529a) accounts. These accounts are tax-advantaged savings plans for individuals with disabilities. The bill permanently extends key provisions related to these accounts and increases the saver’s credit, providing greater financial security and opportunities for people with disabilities and their families.
- Senator Schmitt’s Helping Communities with Better Support Act, which expands home and community-based services to those with disabilities. This provision will cut multi-year waiting lists and allow thousands of individuals with disabilities to access care they need through home and community-based services.
- Senator Schmitt’s provision to increase the cap for 529 plans from $10,000 to $20,000 allowing parents to invest more in their children’s primary and secondary education. This doubles the current maximum that parents can use in 529 plans, as well as expands eligible expenditures.
- Senator Schmitt’s Educational Choice for Children Act, which provides a charitable donation incentive for individuals and businesses to fund scholarship awards for students to cover expenses related to K-12 public and private education.
- Senator Schmitt’s effort to make the 20% pass-through deduction permanent for Missouri small businesses.
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