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Money Accounts for Growth and Advancement Act
6/6/2025, 6:34 PM
Summary of Bill HR 3407
The bill "To amend the Internal Revenue Code of 1986 to exempt money accounts for growth and advancement from taxation, and for other purposes" was introduced in the 119th Congress as H.R. 3407 on May 14, 2025.
Read the Full Bill
Current Status of Bill HR 3407
Bill HR 3407 is currently in the status of Bill Introduced since May 14, 2025. Bill HR 3407 was introduced during Congress 119 and was introduced to the House on May 14, 2025. Bill HR 3407's most recent activity was Referred to the House Committee on Ways and Means. as of May 14, 2025
Bipartisan Support of Bill HR 3407
Total Number of Sponsors
5Democrat Sponsors
0Republican Sponsors
5Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 3407
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 3407
To amend the Internal Revenue Code of 1986 to exempt money accounts for growth and advancement from taxation, and for other purposes.
To amend the Internal Revenue Code of 1986 to exempt money accounts for growth and advancement from taxation, and for other purposes.
Comments
Sponsors and Cosponsors of HR 3407
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