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United States · Bill · HR

H.R. 5468 (118th)

CSA OPPORTUNITY Act

referredUnited States· United States Congress· EN

Introduced

14 September 2023

Last action

26 September 2023 · Referred

Status

Referred to the Subcommittee on Nutrition, Foreign Agriculture, and Horticulture.

Sponsors

Rep. Cartwright, Matt [D-PA-17], Rep. Strickland, Marilyn [D-WA-10], Rep. Grijalva, Raúl M. [D-AZ-7], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Thompson, Bennie G. [D-MS-2], Rep. Smith, Adam [D-WA-9]

Subjects

Energy, Taxation

Source updated

21 July 2025

Energy · Taxation

Official sourceDownload fileView documentsShare

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. Programs subject to this bill are the Supplemental Nutrition Assistance Program (SNAP), Temporary Assistance for Needy Families (TANF), Supplemental Security Income for the Aged, Blind, and Disabled (SSI), and the Low-Income Home Energy Assistance Program (LIHEAP). If a state considers the value of children’s savings accounts in determining TANF eligibility in violation of this bill, the Department of Health and Human services is directed to reduce the state’s TANF grant for the next fiscal year. 

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 14 September 2023

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Education and the Workforce, and Energy and Commerce, 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.

    Source: IntroReferral

  2. 14 September 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 14 September 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 15 September 2023

    Referred

    Referred to the Subcommittee on Health.

    Source: Committee

  5. 26 September 2023

    Referred

    Referred to the Subcommittee on Nutrition, Foreign Agriculture, and Horticulture.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 14 September 2023

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  • Introduced in House (PDF)

    Introduced in House · EN · 14 September 2023

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 14 September 2023

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Sponsors

Related records

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Sources

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