H.R. 3378 · 117th Congress · House

CSA OPPORTUNITY Act

Active· Referred to the Subcommittee on Nutrition, Oversight, and Department Operations.
Introduced
May 20, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Children's Savings Accounts Offer Parents Plenty Of Reasons To Understand and Invest in Tuition Yearly Act or the CSA OPPORTUNITY Act

This bill excludes the value of certain children's savings accounts, provided they meet specified requirements, when determining eligibility for particular means-tested federal programs.

To be excluded, the savings account must be created as part of a program organized by a government, nonprofit, school district, or college or university and meet other administrative criteria. Furthermore, proceeds of the account may only be used for postsecondary educational expenses, the purchase of a first home, or costs associated with starting a business once the individual receives a secondary school diploma or equivalent.

Action Timeline

8
  1. JUL 01, 2021•Committee

    Referred to the Subcommittee on Nutrition, Oversight, and Department Operations.

  2. MAY 21, 2021•Committee

    Referred to the Subcommittee on Energy.

  3. MAY 20, 2021•IntroReferral

    Introduced in House

  4. MAY 20, 2021•IntroReferral

    Introduced in House

  5. MAY 20, 2021•IntroReferral

    Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Agriculture, and Education and Labor, 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.

  6. MAY 20, 2021•IntroReferral

    Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Agriculture, and Education and Labor, 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.

  7. MAY 20, 2021•IntroReferral

    Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Agriculture, and Education and Labor, 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.

  8. MAY 20, 2021•IntroReferral

    Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Agriculture, and Education and Labor, 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.

Committees

6

Nutrition and Foreign Agriculture Subcommittee

hsag03

Referred: Jul 1, 2021

Active

Energy Subcommittee

hsif03

Referred: May 21, 2021

Active

Education and Workforce Committee

hsed00

Referred: May 20, 2021

Active

Agriculture Committee

hsag00

Referred: May 20, 2021

Active

Energy and Commerce Committee

hsif00

Referred: May 20, 2021

Active

Ways and Means Committee

hswm00

Referred: May 20, 2021

Active