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United States · Bill · HR

H.R. 1377 (114th)

RAYS Act

referredUnited States· United States Congress· EN

Introduced

16 March 2015

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

12 August 2025

Summary

Roth Accounts for Youth Savings Act of 2015 or the RAYS Act This bill amends the Internal Revenue Code to allow dependents of a taxpayer to establish a tax-preferred savings account similar to the existing Roth Individual Retirement Account, to be known as a Roth Account for Youth. Any amounts in such an account will be disregarded for purposes of determining elibility for benefits or assistance under a means-tested federal benefit program.

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Documents

3 official files

Introduced in House (text)

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Sources

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