S 441
118th Congress
Senate
Taxation
Advisory bodies
Congressional oversight
Employee benefits and pensions
Executive agency funding and structure
Financial services and investments
Government studies and investigations
Government trust funds
Higher education
Housing finance and home ownership
Income tax exclusion
Inflation and prices
Securities
Student aid and college costs
Tax administration and collection, taxpayers
Vocational and technical education
Wages and earnings
American Opportunity Accounts Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 15, 2023
Read twice and referred to the Committee on Finance.
Feb 15, 2023
Introduced in Senate
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Plain-English summary
American Opportunity Accounts Act
This bill establishes tax-exempt American Opportunity Accounts to provide children at birth with a $1,000 savings account with annual contributions up to $2,000 depending on family income. The accounts are available to children at age 18 for specified purposes, including educational expenses, home ownership, and investment that provides long-term returns.
What's happening now
Read twice and referred to the Committee on Finance.
Related & companion bills
1
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
15
Cite this page
U.S. Congress. (2026). S. 441: American Opportunity Accounts Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-441/
"S. 441: American Opportunity Accounts Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-441/.
S. 441, 118th Cong. (2026), https://openamerica.io/bill/118-S-441/.
[S. 441: American Opportunity Accounts Act](https://openamerica.io/bill/118-S-441/)