House bill · 118th Congress · Did not become law
401Kids Savings Account Act of 2024
Open in Bill Explorer →Where it went
- IntroducedJan 31, 2024
- Committee action—
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Dec 17, 2024 — Referred to the Subcommittee on Work and Welfare.
Cost and committee reports
Official records Congress.gov attaches to H.R. 7162.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. BEYER, as printed in the Congressional Record (Vol. 170, No. 18, January 31, 2024, Page H365):Article 1, Section 8 The single subject of this legislation is: To establish universal children's savings account programs in states to enable all children nationwide to start saving and building assets throughout their lifetime.Source: Congress.gov, Congressional Record January 31, 2024 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 229 characters
- Congress.gov bill record
- H.R. 7162, 118th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/118/hr/7162
- Record last updated by Congress.gov
- December 11, 2025
- PORKER copy retrieved
- September 14, 2026
- Stored copy, SHA-256 of the file
a14989c765917015dfb247ea19f00654c63e36455d24465b0a2979eaac2ba229
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of December 11, 2025). Not every bill gets one.
From the Congress.gov bill record for H.R. 7162, last updated December 11, 2025. PORKER’s copy was retrieved September 14, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
13 cosponsors — 13 Democrats
0 of 13 cosponsors (0%) are from the other party.
Joyce Beatty (D-OH), Earl Blumenauer (D-OR), Danny Davis (D-IL), Suzan DelBene (D-WA), Sydney Kamlager-Dove (D-CA), Daniel Kildee (D-MI), Eleanor Norton (D-DC), Jimmy Panetta (D-CA), Bill Pascrell (D-NJ), Dean Phillips (D-MN), Chellie Pingree (D-ME), Linda Sánchez (D-CA), Shri Thanedar (D-MI).
More from the sponsor
Other 118th Congress bills sponsored by Rep. Donald Beyer.
- H.R. 5399 (118th) Humane Cosmetics Act of 2023
- H.R. 1277 (118th) Military Spouse Hiring Act
- H.J.Res. 76 (118th) Redesignating the Robert E. Lee Memorial in Arlington National Cemetery as the "Arlington House National Historic Site".
- H.R. 3470 (118th) Keeping All Students Safe Act
- H.R. 856 (118th) Comprehensive Paid Leave for Federal Employees Act
- H.Res. 881 (118th) Commemorating the 50th anniversary of the passage of the Endangered Species Act of 1973.
Sponsor’s state and district
Data as of Sep 15, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.