CSA OPPORTUNITY Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Sep 11, 2020)
Children's Savings Accounts Offer Parents Plenty Of Reasons To Understand and Invest in Tuition Yearly Act or the CSA OPPORTUNITY Act
This bill excludes the value of certain children's savings accounts, provided they meet specified requirements, when determining eligibility for particular means-tested federal programs.
To be excluded, the savings account must be created as part of a program organized by a government, nonprofit, school district, or college or university and meet other administrative criteria. Furthermore, proceeds of the account may only be used for postsecondary educational expenses, the purchase of a first home, or costs associated with starting a business once the individual receives a secondary school diploma or equivalent.
What just happenedOct 30, 2020
Referred to the Subcommittee on Nutrition, Oversight, and Department Operations.
Who’s behind it
- Introduced in HouseSep 11, 2020
- Oct 30, 2020Committee
Referred to the Subcommittee on Nutrition, Oversight, and Department Operations.
Nutrition, Foreign Agriculture, and Horticulture - Sep 11, 2020IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and Labor, 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.
Education and the Workforce Committee - Sep 11, 2020IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and Labor, 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.
Energy and Commerce Committee - Sep 11, 2020IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and Labor, 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.
Agriculture Committee - Sep 11, 2020IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and Labor, 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.
Ways and Means Committee - Sep 11, 2020IntroReferralIntro-H
Introduced in House
- Sep 11, 2020IntroReferral1000
Introduced in House