Bill Sponsor
House Bill 8204
116th Congress(2019-2020)
CSA OPPORTUNITY Act
Introduced
Introduced
Introduced in House on Sep 11, 2020
Overview
Text
Introduced
Sep 11, 2020
Latest Action
Oct 30, 2020
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
8204
Congress
116
Policy Area
Social Welfare
Social Welfare
Primary focus of measure is public assistance and Social Security programs; social services matters, including community service, volunteer, and charitable activities. Measures concerning such health programs as Medicare and Medicaid may fall under Health policy area.
Sponsorship by Party
Democrat
Pennsylvania
Democrat
District of Columbia
Democrat
Washington
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

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.


Text (1)
September 11, 2020
Actions (3)
10/30/2020
Referred to the Subcommittee on Nutrition, Oversight, and Department Operations.
09/11/2020
Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
09/11/2020
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:45:00 PM