HR-4794 : Still Just a Bill

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.

Action Timeline

Action DateTypeTextSource
2018-01-16IntroReferralReferred to the House Committee on Ways and Means.House floor actions
2018-01-16IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Taxation
See Subjects
  • Bank accounts, deposits, capital
  • Higher education
  • Income tax exclusion
  • Student aid and college costs
  • Tax treatment of families

Related Bills

See Related Bills