American Dream Accounts Act of 2024

Cost and committee reports

Official records Congress.gov attaches to H.R. 9881.

• Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. PHILLIPS, as printed in the Congressional Record (Vol. 170, No. 151, September 27, 2024, Page H5839):
  Art. I, Sec. 8, cl. 3 of the Constitution of the United States. The single subject of this legislation is: This bill establishes the American Dream Accounts for every American child to have access to an investment account and disbursement at age of 18 years old.
  Source: Congress.gov, Congressional Record September 27, 2024 ↗

  Evidence

  Field in the Congress.gov record

  constitutionalAuthorityStatementText

  Statement length

  262 characters

  Congress.gov bill record

  H.R. 9881, 118th Congress

  Congress.gov API record

  https://api.congress.gov/v3/bill/118/hr/9881

  Record last updated by Congress.gov

  August 18, 2025

  PORKER copy retrieved

  September 14, 2026

  Stored copy, SHA-256 of the file

  0183d8b6efde1d488bc1d3ff8536b61c109e742de6540e76b6f70ca8f633f957

  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 August 18, 2025). Not every bill gets one.

From the Congress.gov bill record for H.R. 9881, last updated August 18, 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.