3.0.0
7162
2025-12-11T08:34:13Z
2025-12-11T08:34:13Z
House
H
HR
2024-01-31
118
https://www.congress.gov/bill/118th-congress/house-bill/7162
[Congressional Record Volume 170, Number 18 (Wednesday, January 31, 2024)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BEYER:H.R. 7162.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8The single subject of this legislation is:To establish universal children's savings account programsin states to enable all children nationwide to start savingand building assets throughout their lifetime.[Page H365]
- hswm00
Ways and Means Committee
House
Standing
  - hswm03
Work and Welfare Subcommittee
    - Referred to
2024-12-17T19:09:39Z
  - Referred To
2024-01-31T15:00:10Z
- hsif00
Energy and Commerce Committee
House
Standing
  - Referred To
2024-01-31T15:00:15Z

- 401Kids Savings Account Act of 2024
118
3716
S
2024-01-31
Read twice and referred to the Committee on Finance.
  - Identical bill
CRS
- 2024-12-17
  - hswm03
Work and Welfare Subcommittee
1
House committee actions
Referred to the Subcommittee on Work and Welfare.
Committee
- 2024-01-31
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
H11100
2
House floor actions
  - hsif00
Energy and Commerce Committee
- 2024-01-31
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
IntroReferral
H11100
2
House floor actions
  - hswm00
Ways and Means Committee
- 2024-01-31
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2024-01-31
Introduced in House
IntroReferral
1000
9
Library of Congress
- B001292
Rep. Beyer, Donald S., Jr. [D-VA-8]
Donald
Beyer
D
VA
S.
8
N
- D000617
Rep. DelBene, Suzan K. [D-WA-1]
Suzan
DelBene
D
WA
K.
1
2024-01-31
True
- B001281
Rep. Beatty, Joyce [D-OH-3]
Joyce
Beatty
D
OH
3
2024-01-31
True
- N000147
Del. Norton, Eleanor Holmes [D-DC-At Large]
ELEANOR
NORTON
D
DC
HOLMES
0
2024-01-31
True
- S001156
Rep. Sánchez, Linda T. [D-CA-38]
Linda
Sánchez
D
CA
T.
38
2024-01-31
True
- T000488
Rep. Thanedar, Shri [D-MI-13]
Shri
Thanedar
D
MI
13
2024-01-31
True
- K000400
Rep. Kamlager-Dove, Sydney [D-CA-37]
Sydney
Kamlager-Dove
D
CA
37
2024-01-31
True
- D000096
Rep. Davis, Danny K. [D-IL-7]
DANNY
DAVIS
D
IL
K.
7
2024-01-31
True
- B000574
Rep. Blumenauer, Earl [D-OR-3]
EARL
BLUMENAUER
D
OR
3
2024-01-31
True
- P000613
Rep. Panetta, Jimmy [D-CA-19]
Jimmy
Panetta
D
CA
19
2024-02-05
False
- P000096
Rep. Pascrell, Bill, Jr. [D-NJ-9]
WILLIAM
PASCRELL
D
NJ
J.
9
2024-02-07
False
- K000380
Rep. Kildee, Daniel T. [D-MI-8]
Daniel
Kildee
D
MI
T.
8
2024-05-23
False
- P000597
Rep. Pingree, Chellie [D-ME-1]
Chellie
Pingree
D
ME
1
2024-06-04
False
- P000616
Rep. Phillips, Dean [D-MN-3]
Dean
Phillips
D
MN
3
2024-07-18
False
Taxation
Taxation
2024-04-02T14:30:18Z
00
2024-01-31
Introduced in House
2024-08-23T15:45:18Z
401Kids Savings Account Act of 2024
This bill establishes tax-exempt savings accounts for children who have not attained age 18 to be known as the 401Kids Account Program. Contributions to such accounts may not exceed $2,500 in a calendar year (adjusted for inflation). Accounts may pay expenses related to education, starting a small business, buying a residence, or promoting retirement security.
The Department of the Treasury must establish a permanent program, not later than December 31, 2024, to be known as the Federal 401Kids Account Program.
The bill authorizes disclosure of taxpayer information for administering the program. It also disregards account funds for purposes of determining eligibility for certain federal assistance programs.

401Kids Savings Account Act of 2024
- Display Title
45

401Kids Savings Account Act of 2024
2024-06-11T16:13:12Z
- Short Title(s) as Introduced
101

401Kids Savings Account Act of 2024
2024-05-24T13:34:20Z
Introduced in House
IH
- Official Title as Introduced
6

To create children's lifetime savings accounts, and for other purposes.
2024-03-18T22:12:08Z
Introduced in House
IH
- Introduced in House
2024-01-31T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr7162ih/xml/BILLS-118hr7162ih.xml
2024-12-17
Referred to the Subcommittee on Work and Welfare.
text/xml
EN
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