Foster Youth Investment Act
The Foster Youth Investment Act allows individuals to contribute to Coverdell Education Savings Accounts for foster children who are under 18 and in the custody of a state or tribal government. This change expands eligibility beyond just the taxpayer's own eligible foster child to include any minor meeting these specific care and age requirements. The provision applies to contributions made after December 31, 2025, enabling these youth to benefit from tax-advantaged savings for their education.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2026
Committee Review
Floor Vote
President
Introduced Jul 23, 2026
Last action Jul 23, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jul 23, 2026
Committee
Referred to the House Committee on Ways and Means.
lower
Jul 23, 2026
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Blake D. Moore
RRepublican
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