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Universal Savings Account Act of 2025

5/15/2025, 6:12 AM

Summary of Bill HR 3186

The bill titled "To amend the Internal Revenue Code of 1986 to create Universal Savings Accounts" was introduced in the 119th Congress on May 5, 2025, as H.R. 3186. It aims to make amendments to the tax code to establish Universal Savings Accounts, but specific provisions or directives are not provided in the context for further detail.

Current Status of Bill HR 3186

Bill HR 3186 is currently in the status of Bill Introduced since May 5, 2025. Bill HR 3186 was introduced during Congress 119 and was introduced to the House on May 5, 2025.  Bill HR 3186's most recent activity was Referred to the House Committee on Ways and Means. as of May 5, 2025

Bipartisan Support of Bill HR 3186

Total Number of Sponsors
2
Democrat Sponsors
0
Republican Sponsors
2
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3186

Primary Policy Focus

Alternate Title(s) of Bill HR 3186

To amend the Internal Revenue Code of 1986 to create Universal Savings Accounts.
To amend the Internal Revenue Code of 1986 to create Universal Savings Accounts.

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