S 1581 · 119th CongressIn Committeecongress.gov ↗

Universal Savings Account Act of 2025

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What this bill does

AI plain-language summary

This bill appears to create a new type of savings account, called a "Universal Savings Account," that would be available to people across the country. No official summary is available for this bill.

Sponsor

Sen. Cruz, Ted [R-TX]

R

Introduced

May 1, 2025

Policy Area

Taxation

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