119th Congress · Senate bill · Last action May 1, 2025
S. 1581In CommitteeTaxation
Universal Savings Account Act of 2025
Sponsor: Sen. Cruz, Ted [R-TX] (R-TX)1 cosponsorIntroduced May 1, 2025
✆
In plain English
A plain-English summary will be generated the next time this page is viewed by an admin.
Where it is in the process
✓
Introduced
May 1
✓
Senate committee
May 1
3
Senate floor
-
4
House
-
5
Signed
-
What happens next: Sits in committee. Needs a markup or favorable report to advance to the Senate floor.
Sponsor
TS
Cosponsors (1)
JS
All Republican.
Activity timeline
May 1
May 1, 2025
May 1, 2025
Read twice and referred to the Committee on Finance.
May 1
May 1, 2025
May 1, 2025
Introduced in Senate
Read the bill text
Official text via Congress.gov. Opens in a new tab.
Full action log
All 2 recorded actions since introduction · Source: Congress.gov
May 1
SENATERead twice and referred to the Committee on Finance.
May 1
Introduced in Senate
All 1 cosponsor
0 Democrats · 1 Republican
Republicans (1)
In the news
Track this bill
Get an alert when it moves to the next stage or gets a vote.