# 114-hr-4045: USAccounts: Investing in America's Future Act of 2015

114-hr-4045, USAccounts: Investing in America's Future Act of 2015, is a 114th Congress bill sponsored by JOSEPH CROWLEY (D-NY); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-4045
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-4045
- Congress: 114
- Title: USAccounts: Investing in America's Future Act of 2015
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2015-11-17
- Sponsor: JOSEPH CROWLEY (D-NY)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

USAccounts: Investing in America's Future Act of 2015 This bill establishes in the Treasury the USAccount Fund, from which an initial contribution and subsequent matching contributions of up to $500 annually shall be made to accounts known as USAccounts. USAccounts shall be established under this Act for individuals born after December 31, 2017, who have not yet attained age 18. The bill provides for contributions by the government and the private sector to such USAccounts and allows tax-exempt distributions from such accounts for higher education expenses and for funding the individual retirement accounts of an account holder, but prohibits any distributions before an account holder reaches age 18. The bill establishes in the executive branch a USAccount Fund Board to manage investments in the USAccount Fund. The bill amends the Internal Revenue Code to: (1) exempt the USAccount Fund and USAccounts from income taxation, (2) increase the amount of the child tax credit by the applicable USAccount contribution amount, and (3) require the Internal Revenue Service to notify taxpayers of their potential eligibility for the earned income tax credit.

## Cosponsors (1)

- Rep. Ellison, Keith [D-MN-5] (D-MN), 2015-11-17T00:00:00.000Z

## Related bills

- 114-hr-6097: Immigration Courts Bail Reform Act
- 114-hr-5980: Mark Takai Atomic Veterans Healthcare Parity Act
- 114-hr-5851: Refugee Protection Act of 2016
- 114-hr-5732: Caesar Syria Civilian Protection Act of 2016
- 114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Doby in recognition of his achievements and contributions to American major league…
- 114-hr-5373: LGBT Data Inclusion Act

## Sources
- [114-hr-4045 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/4045)

## Related
- [114-hr-6097: Immigration Courts Bail Reform Act](https://policyrisk.com/legislation/114-hr-6097)
- [114-hr-5980: Mark Takai Atomic Veterans Healthcare Parity Act](https://policyrisk.com/legislation/114-hr-5980)
- [114-hr-5851: Refugee Protection Act of 2016](https://policyrisk.com/legislation/114-hr-5851)
- [114-hr-5732: Caesar Syria Civilian Protection Act of 2016](https://policyrisk.com/legislation/114-hr-5732)
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [114-hr-5373: LGBT Data Inclusion Act](https://policyrisk.com/legislation/114-hr-5373)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-4045 (as of 2025-11-18).