House bill · 119th Congress · Latest step: Introduced

Saving for the Future Act

H.R. 5887Introduced Oct 31, 2025Policy area: Labor and Employment

Official title: To establish a universal personal savings program, and for other purposes.

Where it went

IntroducedOct 31, 2025
Committee action—
Passed House—
Passed Senate—
To the President—
Became law—

Latest action: Oct 31, 2025 — Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Cost and committee reports

Official records Congress.gov attaches to H.R. 5887.

Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. PETERS, as printed in the Congressional Record (Vol. 171, No. 182, October 31, 2025, Page H4567):
Article I, Section 8
Source: Congress.gov, Congressional Record October 31, 2025 ↗
Evidence
Field in the Congress.gov record
constitutionalAuthorityStatementText
Statement length
20 characters
Congress.gov bill record
H.R. 5887, 119th Congress
Congress.gov API record
https://api.congress.gov/v3/bill/119/hr/5887
Record last updated by Congress.gov
November 21, 2025
PORKER copy retrieved
September 13, 2026
Stored copy, SHA-256 of the file
1cd9b3ecffc93992172a5e450524ddbde83db1153d3c5ddcc91fd2cd6f4e7e98
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 November 21, 2025). Not every bill gets one.

Sent to: Education and Workforce Committee, Ways and Means CommitteeBills with a CBO estimate Bills with a committee report See it in the Data Web

From the Congress.gov bill record for H.R. 5887, last updated November 21, 2025. PORKER’s copy was retrieved September 13, 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

1 cosponsor — 1 Democrat

0 of 1 cosponsors (0%) are from the other party.

Norma Torres (D-CA).

More from the sponsor

Other 119th Congress bills sponsored by Rep. Scott Peters.

Sponsor’s state and district

California in Congress · CA-50 district

Open in Bill Explorer →

Data as of Sep 13, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.