HR 8714 · 119th CongressIn Committeecongress.gov ↗

To amend the Internal Revenue Code of 1986 to establish skill savings accounts.

What this bill does

AI plain-language summary

This bill would change the tax code to create a new type of savings account called a "skill savings account," which likely would be used for saving money related to developing or improving skills. No official summary is available for this bill.

Introduced

May 7, 2026

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