A Republican bill with no cosponsors
Last activity — Referred to the House Committee on Ways and Means.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill is known as the Savings for Tomorrow's Opportunities, Raising Kids Act or the STORK Act. It changes the Internal Revenue Code of 1986 to let people put extra money into their health savings accounts. This extra contribution is allowed when a child is born, placed for adoption, or adopted. The rules apply to taxable years beginning after December 31, 2026. The bill also includes adjustments for inflation starting after the year 2027.
Yes· 3 of 14
- Scored +5
Would middle-income households be better off under this?
Middle-class families utilizing health savings accounts directly benefit from the $2,000 contribution increase upon a child's birth or adoption.
- Scored +4
Would children be better off under this?
Section 2 incentivizes and supports savings for healthcare costs associated with newborns and newly adopted children.
- Scored +4
Would people in their twenties and thirties be better off under this?
Young adults of childbearing age benefit directly from increased health savings account contribution limits upon the birth or adoption of a child.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Section 2(a), adding new paragraph (9)(A), allows individuals to increase their health savings account contribution limit by $2,000 for each qualifying child who is born to them, placed for adoption with them, or adopted by them before the close of the taxable year. This helps families by giving them more tax-advantaged space to save for healthcare costs related to a new child.
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Section 2(a), adding new paragraph (9)(B), states that married individuals who are eligible can divide the $2,000 increase between themselves by choice when they have a qualifying child. This gives married couples flexibility in how they handle their health savings account contributions.
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Section 2(b) adjusts the new $2,000 contribution limit for inflation for taxable years beginning after 2027, using calendar year 2026 as the base. This ensures that the value of the contribution increase does not get reduced by inflation over time.
Potential Negative Impacts for People
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Section 2(a), adding new paragraph (9)(B), places a strict total limit of $2,000 on the combined increase for married individuals with respect to any one qualifying child. This means married couples cannot each get a separate $2,000 increase for the same child.
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Section 2(a), adding new paragraph (9)(C), places a limitation that prevents an individual or their spouse from getting the increase for the same qualifying child in any preceding taxable year. This means the extra contribution is a one-time benefit per child.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would middle-income households be better off under this? — Middle-class families utilizing health savings accounts directly benefit from the $2,000 contribution increase upon a child's birth or adoption. Would children be better off under this? — Section 2 incentivizes and supports savings for healthcare costs associated with newborns and newly adopted children. Would women be better off under this? — Mothers giving birth benefit from the expanded health savings account limits designed to cover healthcare costs related to newborns. Would people in their twenties and thirties be better off under this? — Young adults of childbearing age benefit directly from increased health savings account contribution limits upon the birth or adoption of a child. Would business owners be better off under this? — Self-employed business owners who maintain health savings accounts gain additional tax-advantaged savings flexibility when they have a child. Would high-income households be better off under this? — High-income households with health savings accounts can also take advantage of the higher contribution limits for new children. Would immigrants be better off under this? — Immigrant families who adopt or have children born in the United States are eligible for the increased health savings account contributions. Would people in middle age be better off under this? — Middle-aged individuals who expand their families through birth or adoption can utilize the increased health savings account contribution limits. Would households on low incomes be better off under this? — While primarily benefiting those with health savings accounts, the provision offers tax-advantaged savings space for low-income households welcoming a child. Would students be better off under this? — Students who have or adopt a child while maintaining a health savings account can access the increased contribution limit.
- Social Issues And Justice
- Does this make child care cost less? — By expanding health savings account contribution limits upon the birth or adoption of a child, the bill provides financial support for growing families. Is this likely to lift people out of poverty? — The tax-advantaged savings increase offers minor financial relief to families welcoming a new child, assisting with initial healthcare-related costs.
- Healthcare
- Does this make health care easier to get in general? — Section 2 provides additional tax-advantaged health savings account contribution limits for families following the birth or adoption of a child, helping cover healthcare expenses.
- Economy And Finance
- Does this cut taxes for small businesses? — Section 2 allows individuals, including self-employed small business owners with health savings accounts, to make additional tax-advantaged contributions upon the birth or adoption of a child.
- 10/13/2026
- Referred to the House Committee on Ways and Means.
- Introduced in House