H.R. 4794
Referred to CommitteeInvesting for Tomorrow Act
Introduced 1/16/2018•115th Congress•House
Latest Action
Referred to the House Committee on Ways and Means.
1/16/2018 • House
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.
Introduced in House • 1/16/2018
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Topics & Subjects
Policy Area: Taxation
Bank accounts, deposits, capitalHigher educationIncome tax exclusionStudent aid and college costsTax treatment of families
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (8)
Party Breakdown
0
Democrats
8
Republicans
0
Independents
Sponsor
RL
Cosponsors (7)
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Bill Journey
Originated in the House
Introduced
January 16, 2018
Referred to the House Committee on Ways and Means.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in House1/16/2018