HR 4794 — Investing for Tomorrow Act
Last action — Referred to the House Committee on Ways and Means.
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✓Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 115th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.
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.
Bill Text
- Introduced Introduced in House Current html January 16, 2018
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
The bill amends the Internal Revenue Code to allow unborn children to be designated beneficiaries of section 529 education savings accounts.
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Section 529(e)
(6) Treatment of unborn children.-- (A) In general.--Nothing shall prevent an unborn child from being treated as a designated beneficiary or an individual under this section. (B) Unborn child.--For purposes of this paragraph-- (i) In general.--The term `unborn child' means a child in utero. (ii) Child in utero.--The term `child in utero' means a member of the species homo sapiens, at any stage of development, who is carried in the womb.
This addition explicitly allows unborn children to be beneficiaries of education savings accounts.
Action History
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Introduced in House
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Introduced in House
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Referred to the House Committee on Ways and Means.
Sponsors
- Jason Smith · Cosponsor
- Ann Wagner · Cosponsor
- Adrian Smith · Cosponsor
- Tom Cole · Cosponsor
- Lou Barletta · Cosponsor
- Ralph Norman · Cosponsor
- A. Drew Ferguson · Cosponsor
- Kristi L. Noem · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 7 co-sponsors · 539 not signed on
Sponsors (1)
- Noem, Kristi L. Republican
Co-sponsors (7)
- Smith, Jason Republican
- Wagner, Ann Republican
- Smith, Adrian Republican
- Cole, Tom Republican
- Barletta, Lou Republican
- Norman, Ralph Republican
- Ferguson, A. Drew Republican
Not signed on (539)
539 members have not signed on to this bill.
Show all 539 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HR 4794 do?
- 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.
- Who sponsors HR 4794?
- HR 4794 is sponsored by Smith, Jason (Republican), Wagner, Ann (Republican), Smith, Adrian (Republican), Cole, Tom (Republican), Barletta, Lou (Republican), Norman, Ralph (Republican), Ferguson, A. Drew (Republican), and Noem, Kristi L. (Republican).
- What is the current status of HR 4794?
- This bill died with 115th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 4794?
- Track HR 4794 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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