House bill · H.R. 9895 (119th Congress)
To amend the Internal Revenue Code of 1986 to create American dream accounts.
U.S. House of Representatives
Sponsor: Aaron Bean (U.S. Representative, FL-4, Republican)
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From Congress.gov and official rosters. This record was last updated Sep 7, 2026. About our data
Summary
This bill would create American dream accounts, allowing individuals to contribute up to $7,500 annually (or $10,000 after age 35) with tax-free distributions for qualified first-time homebuyer purchases.
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Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
House Committee on Ways and Means · U.S. House of Representatives
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Related bills
As identified by Congress.gov.
Full history
- Jul 23, 2026
Introduced
Introduced in House
U.S. House of Representatives
- Jul 23, 2026
Introduced
Introduced in U.S. House
U.S. House
- Jul 23, 2026
Referred to committee
Referred to the House Committee on Ways and Means.
U.S. House of Representatives
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.