United States · Bill · HR
H.R. 8204 (116th)
CSA OPPORTUNITY Act
Introduced
11 September 2020
Last action
—
Status
Referred to the Subcommittee on Nutrition, Oversight, and Department Operations.
Sponsors
—
Subjects
Discovery layer
Source updated
21 July 2025
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.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 11 September 2020
Introduced in House (PDF)
Introduced in House · EN · 11 September 2020
Introduced in House
summary · EN · 11 September 2020
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/house-bill/8204
- Open data entity: https://api.congress.gov/v3/bill/116/hr/8204