HR 3922 · 116th Congress · Taxation

American Opportunity Accounts Act

Introduced 2019-07-23· Sponsored by Rep. Pressley, Ayanna [D-MA-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2019-07-23)

Plain Language Summary

[AI summary unavailable — showing source text] American Opportunity Accounts Act This bill requires federally funded and managed savings accounts (American Opportunity Accounts) to be established for American children who are under the age of 18. The bill also increases and modifies (1) estate and gift taxes, and (2) capital gains taxes.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

20 Democrats
Rep. Watson Coleman, Bonnie [D-NJ-12]NJ
Rep. Omar, Ilhan [D-MN-5]MN
Rep. Lee, Barbara [D-CA-13]CA
Del. Norton, Eleanor Holmes [D-DC-At Large]DC
Rep. Carson, Andre [D-IN-7]IN
Rep. Clarke, Yvette D. [D-NY-9]NY
Rep. Davis, Danny K. [D-IL-7]IL
Rep. Lewis, John [D-GA-5]GA
Rep. Richmond, Cedric L. [D-LA-2]LA
Rep. Cleaver, Emanuel [D-MO-5]MO
Rep. Hastings, Alcee L. [D-FL-20]FL
Rep. Butterfield, G. K. [D-NC-1]NC
Rep. Bishop, Sanford D., Jr. [D-GA-2]GA
Rep. Veasey, Marc A. [D-TX-33]TX
Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4]GA
Rep. Bass, Karen [D-CA-37]CA
Rep. Beatty, Joyce [D-OH-3]OH
Rep. Wilson, Frederica S. [D-FL-24]FL
Rep. Tlaib, Rashida [D-MI-13]MI
Rep. Rose, Max [D-NY-11]NY