Skip to main content
HR 1377 114th Congress House

RAYS Act

Official title: To amend the Internal Revenue Code of 1986 to provide for tax preferred savings accounts for dependent youth, and for other purposes.

Introduced: March 16, 2015 See on congress.gov
Taxation Employee benefits and pensionsIncome tax exclusionPoverty and welfare assistanceTax treatment of families
Sign in to write a letter Sign in to watch
This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 16, 2015
Referred to the House Committee on Ways and Means.
Mar 16, 2015
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action March 16, 2015

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Roth Accounts for Youth Savings Act of 2015 or the RAYS Act

This bill amends the Internal Revenue Code to allow dependents of a taxpayer to establish a tax-preferred savings account similar to the existing Roth Individual Retirement Account, to be known as a Roth Account for Youth. Any amounts in such an account will be disregarded for purposes of determining elibility for benefits or assistance under a means-tested federal benefit program.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1377: RAYS Act. 114th Congress. Open America. https://openamerica.io/bill/114-HR-1377/
MLA
"H.R. 1377: RAYS Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-1377/.
Bluebook (legal)
H.R. 1377, 114th Cong. (2026), https://openamerica.io/bill/114-HR-1377/.
Markdown link
[H.R. 1377: RAYS Act](https://openamerica.io/bill/114-HR-1377/)
Report a problem