4794 -- Investing for Tomorrow Act | Poliscope

Investing for Tomorrow Act

4794

115th Congress

In Committee

Investing for Tomorrow Act

Legislative Progress

✓

Introduced

2

Committee

3

Floor Vote

4

Other Chamber

5

Enacted

Introduced

January 16, 2018

Latest Action

January 16, 2018

Primary Sponsor

Kristi L. NoemRepublican(SD)

Momentum (last 30 days)

0

score

0 actions · 0 new cosponsors · 0 votes

Speed vs cohort

0pct

0d open

vs 7,393 other HR bills in the 115th — cohort avg 50d

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.

Subjects (5)

Bank accounts, deposits, capital

Higher education

Income tax exclusion

Student aid and college costs

Tax treatment of families

Actions (2)

January 16, 2018

Referred to the House Committee on Ways and Means.

January 16, 2018

Introduced in House

Congress.gov source codes: 1000, Intro-H

Committees

Committee	Chamber	Activity	Date
Ways and Means Committee	House	Referred to	January 16, 2018

Text Versions

Version	Date	Links
Introduced in House	January 16, 2018	XML

Cosponsors (7)

Name	Party	State
A. Drew Ferguson IV	Republican	GA
Adrian Smith	Republican	NE
Ann Wagner	Republican	MO

Related Bills (1)

Bill	Congress	Relationship
HR 88	115th	Related bill

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Sources: Congress.gov