H.R. 9480 explained · 119th Congress · Pending in Congress
To amend the Internal Revenue Code of 1986 to allow a deduction for amounts contributed to home savings accounts, and for other purposes.
Cosponsors: none · per Congress.gov, 2026-10-08
Introduced: 2026-06-25
Latest action (2026-06-25): Referred to the House Committee on Ways and Means.
What H.R. 9480 does, in plain terms
The Congressional Research Service has not published a summary of H.R. 9480 yet. Its official title: “To amend the Internal Revenue Code of 1986 to allow a deduction for amounts contributed to home savings accounts, and for other purposes.”.
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