Summary: S.2231 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.2231. Bill summaries are authored by CRS.

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Introduced in Senate (07/23/2019)

American Opportunity Accounts Act

This bill requires federally funded and managed savings accounts (American Opportunity Accounts) to be established for American children who are under the age of 18. The bill also increases and modifies (1) estate and gift taxes, and (2) capital gains taxes.