HR 4794
115th Congress
House
Taxation
Bank accounts, deposits, capital
Higher education
Income tax exclusion
Student aid and college costs
Tax treatment of families
Investing for Tomorrow Act
Introduced: January 16, 2018
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 16, 2018
Referred to the House Committee on Ways and Means.
Jan 16, 2018
Introduced in House
Plain-English summary
Investing for Tomorrow Act
This bill amends the Internal Revenue Code to allow an unborn child to be treated as a designated beneficiary or an individual for the purposes of qualified tuition programs (known as 529 plans). The bill defines an "unborn child" as a member of the species homo sapiens, at any stage of development, who is carried in the womb.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1