KnowGovRepresentation. Influence. Action.
BillHR 7931 · 119

IDA Act of 2026

Introduced
Mar 12, 2026
Cosponsors
10
Traction
0
Last Action
Mar 12, 2026

Bill Summary

Establishes the IDA Act of 2026, which likely involves Individual Development Accounts, but the exact details are unclear. Requires further review to determine its specific actions.

Sponsored By

Jefferson Van Drew
Republican · New Jersey · House

Bill Journey

  1. Mar 12, 2026
  2. Mar 12, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  3. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  4. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  5. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill may affect low-income individuals and families who use Individual Development Accounts, potentially changing how they can access and use these accounts. The exact impact is unclear without more information about the bill's provisions.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
9backers
  • Democratic2
  • Republican7
Cross-party cosponsors2 · 25%

Documents

1

Full text opens on congress.gov, the official source.

Cosponsors (10)

2 more not shown here — see the full list on congress.gov.

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicHealth
IntroducedMar 12, 2026
Last UpdatedMar 12, 2026
Latest ActionReferred to the House Committee on Education and Workforce.
Subjects
  • Health

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.