legislation: 116-hr-8204

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
116-hr-8204 116 hr 8204 CSA OPPORTUNITY Act Social Welfare 2020-09-11 2020-10-30 Referred to the Subcommittee on Nutrition, Oversight, and Department Operations. House Rep. Cartwright, Matt [D-PA-8] PA D C001090 4 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. 2023-01-11T13:45:00Z  

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