S. 2231 · 116th Congress
American Opportunity Accounts Act
- Stage
- In committee
- Sponsor
- Cory Booker
- Introduced
- 2019-07-23
- Latest action
- 2019-07-23 · Introduced in Senate
Summary
American Opportunity Accounts Act
This bill requires federally funded and managed savings accounts (American Opportunity Accounts) to be established for American children who are under the age of 18. The bill also increases and modifies (1) estate and gift taxes, and (2) capital gains taxes.