RepublicanBill · H.R. 9920· House(119-HR-9920)

Foster Youth Investment Act

Rep. Moore
Age: 46 years
Utah
Introduced
7/23/2026
Last activity
7/23/2026 — Referred to the House Committee on Ways and Means.
Sponsored by
Blake Moore
Cosponsors
None
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "Foster Youth Investment Act," aims to amend the Internal Revenue Code of 1986. It specifically seeks to allow general contributions to Trump accounts for foster children. The amendment includes beneficiaries who have not reached age 18 by the end of the calendar year. These individuals must be eligible foster children of a taxpayer or under the custody, supervision, or guardianship of a State or Indian tribal government. These changes would apply to contributions made after December 31, 2025.

Yes

  • Would children be better off under this?+7

    The bill specifically provides financial benefit mechanisms for foster children under age 18.

  • Would households on low incomes be better off under this?+5

    It provides a pathway for foster children, who are often in low-income situations, to build savings.

  • Is this likely to lift people out of poverty?+5

    By allowing contributions to accounts for foster children, the bill helps build financial assets for vulnerable youth.

The opposite

No question was scored the opposite.