Yes, this specific ABLE provision was included in the Tax Bill signed into law at the end of 2017. Money from a 529 College Savings account can now be rolled over into a beneficiary’s (or family member’s*) ABLE account without being penalized.
There is a $15,000 rollover limit (less the current tax-year ABLE contributions).
You can use the appropriate 529 College Savings to ABLE Rollover Form.
*The family member must be considered a qualified “Member of the Family” as defined by the 529 College Savings Plan, which includes: biological and step parents, aunts, uncles, siblings, children, first cousins, nieces and nephews; parents, siblings, children, nieces and nephews by marriage; legally adopted children; and half-brothers or half-sisters) of the 529 College Savings account Beneficiary.