Bill116th CongressFiled Jul 23, 2019Taxation
S. 2231
American Opportunity Accounts Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jul 23, 2019)
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.
What just happenedJul 23, 2019
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Booker, Cory A. [D-NJ](D-NJ)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions1related bills22subjects
- Introduced in SenateJul 23, 2019
- Jul 23, 2019IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jul 23, 2019IntroReferral10000
Introduced in Senate