H.R. 835: American Opportunity Accounts Act

117th Congress · introduced 2021-02-04 · Taxation · Latest: Referred to the House Committee on Ways and Means.

federal

Follow this bill, step by step

Where it came from: introduced 2021-02-04 · official record
Who proposed it: Rep. Pressley, Ayanna [D-MA-7] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Ways and Means. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

American Opportunity Accounts Act

Plain summary

American Opportunity Accounts Act This bill establishes tax-exempt American Opportunity Accounts to provide children at birth with a $1,000 savings account with annual contributions up to $2,000 depending on family income. The accounts are available to children at age 18 for specified purposes, including educational expenses, home ownership, and investment that provides long-term returns.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

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A “Nay” vote

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What does this mean? (plain words)

Official text

American Opportunity Accounts Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Pressley, Ayanna [D-MA-7] · 25 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Eleanor Holmes Norton (D-DC), Sanford D. Bishop, Jr. (D-GA), Rashida Tlaib (D-MI), Yvette D. Clarke (D-NY), Bennie G. Thompson (D-MS), Joyce Beatty (D-OH), André Carson (D-IN), Grace Meng (D-NY), Pramila Jayapal (D-WA), Gregory W. Meeks (D-NY), Ilhan Omar (D-MN), Alexandria Ocasio-Cortez (D-NY), Jake Auchincloss (D-MA), Al Green (D-TX), Sara Jacobs (D-CA), Rosa L. DeLauro (D-CT), John B. Larson (D-CT), Seth Moulton (D-MA), Joe Courtney (D-CT)

Sponsor's campaign money: Rep. Pressley, Ayanna [D-MA-7] reported raising $1.3 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117hr835.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/hr>

Record fed-us-cong117-hr835 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117