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S1718-119

Introduced

To amend the Internal Revenue Code of 1986 to create invest America accounts.

119th Congress Introduced May 12, 2025

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

This bill, To amend the Internal Revenue Code of 1986 to create invest America accounts., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Social Welfare, Transportation.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section id95AD0C79A36D4D059129D99ADCD170E2: 1. Short title This Act may be cited as the Invest America Act.
  • Section id5C57459635724D34856ED41BD1EEDFD2: 2. Invest America accounts Subchapter F of Chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new part: An invest...
  • Section ID7B8CA3BCBE5F4757A5CACECF4D61F04D: 530A. Invest America accounts An invest America account shall be exempt from taxation under this subtitle. Notwithstanding the preceding sentence, such account...
  • Section id96411369505c4d88898b717ec4ca3b1f: 3. Federal contributions to invest America accounts As soon as practical after an individual is certified as an eligible individual under subsection (c), the...
  • Section id1693b4cf5b644714bd77dbcf1477acb1: 139J. Federal contributions to invest America accounts Gross income shall not include any contribution made by the Secretary to an invest America account under...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to create invest America accounts., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Social Welfare, Transportation

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to create invest America accounts., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Social Welfare Transportation

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
financial institutions, investors, and borrowers: ,
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: ,
financial institutions, investors, and borrowers: ,

Sponsors

Ted Cruz

Ted Cruz

R-TX | Primary Sponsor

Legislative Progress

Introduced
Introduced Committee Passed
May 12, 2025

Mr. Cruz introduced the following bill; which was read twice …

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?

Domains
Finance Social Welfare Transportation
Actor Mappings
"the_commission"
→ The commission identified in the operative section
"secretary_of_treasury"
→ Secretary of the Treasury

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