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, titled the "Foster Youth Investment Act," aims to amend the Internal Revenue Code of 1986. It specifically seeks to allow general contributions to Trump accounts for foster children. The amendment includes beneficiaries who have not reached age 18 by the end of the calendar year. These individuals must be eligible foster children of a taxpayer or under the custody, supervision, or guardianship of a State or Indian tribal government. These changes would apply to contributions made after December 31, 2025.
Yes
- Scored +7
Would children be better off under this?
The bill specifically provides financial benefit mechanisms for foster children under age 18.
- Scored +5
Would households on low incomes be better off under this?
It provides a pathway for foster children, who are often in low-income situations, to build savings.
- Scored +5
Is this likely to lift people out of poverty?
By allowing contributions to accounts for foster children, the bill helps build financial assets for vulnerable youth.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Expansion of Account Beneficiaries: The bill allows for account beneficiaries who have not attained the age of 18 and are eligible foster children or under the custody, supervision, or guardianship of a State or Indian tribal government (Section 2(a)). This could provide financial resources to foster children through these specific accounts.
Potential Negative Impacts for People
- No specific negative impacts or burdens are explicitly detailed within the provided text of the bill.
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 children be better off under this? — The bill specifically provides financial benefit mechanisms for foster children under age 18. Would households on low incomes be better off under this? — It provides a pathway for foster children, who are often in low-income situations, to build savings.
- Social Issues And Justice
- Is this likely to lift people out of poverty? — By allowing contributions to accounts for foster children, the bill helps build financial assets for vulnerable youth.
- 7/23/2026
- Referred to the House Committee on Ways and Means.
- Introduced in House