A bill to establish American opportunity accounts, to modify estate and gift tax rules, to reform the taxation of capital income, and for other purposes.

USA115^th CongressS-3766| Senate

| Updated: 12/18/2018

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.

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Taxation

Accounting and auditingAdministrative law and regulatory proceduresAdvisory bodiesBank accounts, deposits, capitalCapital gains taxCongressional oversightDepartment of the TreasuryExecutive agency funding and structureFinancial literacyFinancial services and investmentsGovernment trust fundsHealth care costs and insuranceHigher educationHousing finance and home ownershipIncome tax exclusionIncome tax ratesInflation and pricesStudent aid and college costsTax administration and collection, taxpayersTax treatment of familiesTransfer and inheritance taxesWages and earnings

A bill to establish American opportunity accounts, to modify estate and gift tax rules, to reform the taxation of capital income, and for other purposes.

USA115^th CongressS-3766| Senate

| Updated: 12/18/2018

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Cory A. Booker

Democratic Senator

New Jersey

Finance Committee

Taxation

Introduced
In Committee
On Floor
Passed Chamber
Enacted

A bill to establish American opportunity accounts, to modify estate and gift tax rules, to reform the taxation of capital income, and for other purposes.

Suggested Questions

Taxation

A bill to establish American opportunity accounts, to modify estate and gift tax rules, to reform the taxation of capital income, and for other purposes.

Suggested Questions

Cory A. Booker

Finance Committee

Taxation

A bill to establish American opportunity accounts, to modify estate and gift tax rules, to reform the taxation of capital income, and for other purposes.

Suggested Questions

Taxation

A bill to establish American opportunity accounts, to modify estate and gift tax rules, to reform the taxation of capital income, and for other purposes.

Suggested Questions

Cory A. Booker

Finance Committee

Taxation