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HR 7349 115th Congress House Labor and Employment Employee benefits and pensions Government employee pay, benefits, personnel management Government information and archives Government studies and investigations Health care costs and insurance Income tax deductions Income tax exclusion Life, casualty, property insurance Long-term, rehabilitative, and terminal care Self-employed Social security and elderly assistance Veterans' pensions and compensation

Savings Account for Every American Act of 2018

Introduced: December 19, 2018 Introduced by: Sessions, Pete Republican · Texas See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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
Dec 19, 2018
Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, 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.
Dec 19, 2018
Introduced in House
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 Plain-English summary Congressional Research Service

Savings Account for Every American Act of 2018

This bill provides for the establishment of tax-exempt savings accounts, which individuals may elect to participate in instead of Social Security. The bill requires (1) employers to maintain payroll deduction programs for the accounts, and (2) employees and employers to make specified contributions to the accounts.

What's happening now December 19, 2018

Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Government Reform, 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 7349: Savings Account for Every American Act of 2018. 115th Congress. Open America. https://openamerica.io/bill/115-HR-7349/
MLA
"H.R. 7349: Savings Account for Every American Act of 2018." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-7349/.
Bluebook (legal)
H.R. 7349, 115th Cong. (2026), https://openamerica.io/bill/115-HR-7349/.
Markdown link
[H.R. 7349: Savings Account for Every American Act of 2018](https://openamerica.io/bill/115-HR-7349/)
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