To amend the Internal Revenue Code of 1986 to exempt money accounts for growth and advancement from taxation, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill reduces a appropriation, reporting req, compliance mandate provision: 2, expands a appropriation, reporting req, compliance mandate provision: 530A, and requires loosens a compliance mandate, liability shield, definition change provision: 3. It relies on compliance mandates, definition changes, appropriations, and reporting requirements. The main policy areas are Finance and Education.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Reduces a appropriation, reporting req, compliance mandate provision: 2.
- Expands a appropriation, reporting req, compliance mandate provision: 530A.
- Requires loosens a compliance mandate, liability shield, definition change provision: 3.
- Requires loosens a compliance mandate, liability shield, definition change provision: 6434.
- Adds or tightens a compliance mandate, definition change, delegation of rulemaking provision: 6659.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill reduces a appropriation, reporting req, compliance mandate provision: 2, expands a appropriation, reporting req, compliance mandate provision: 530A, and requires loosens a compliance mandate, liability shield, definition change provision: 3.
Key Policy Areas
Finance, Education
Primary Purpose
The bill reduces a appropriation, reporting req, compliance mandate provision: 2, expands a appropriation, reporting req, compliance mandate provision: 530A, and requires loosens a compliance mandate, liability shield, definition change provision: 3.
Policy Domains
Legislative Progress
IntroducedMr. Moore of Utah introduced the following bill; which was …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → The Secretary identified in the operative section
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology