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© 2026 Govwatch

HR4385Referred to Committee

Helping More Families Save Act

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-07-14
Introduced
8
Cosponsors
HR
ⓘ
Type

Sponsor

Ritchie Torres
Ritchie Torres
Democrat · NY · Representative
Votes with party: 96.3% (534 recorded votes)

Full profile: /officials/T000486

Source: Congress.gov · FEC

Cosponsors (8)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

  • William R. Timmons IV (R-SC-4)Original· 2025-07-14
  • Zachary Nunn (R-IA-3)· 2025-10-06
  • Ayanna Pressley (D-MA-7)· 2025-10-31
  • Maria Elvira Salazar (R-FL-27)· 2025-10-31
  • Cleo Fields (D-LA-6)· 2025-11-17
  • Joyce Beatty (D-OH-3)· 2025-12-01
  • Nikema Williams (D-GA-5)· 2025-12-01
  • Ami Bera (D-CA-6)· 2026-03-18

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Financial Services.

2025-07-14

Source: Congress.gov

Plain-English Summary

This bill would likely create or expand savings programs to help families, particularly lower-income households, build emergency funds or save for down payments on homes. The legislation probably focuses on housing affordability by making it easier for people to accumulate money for housing-related expenses through tax incentives, matched savings accounts, or similar financial tools. It would primarily benefit working families and individuals struggling to afford housing in their communities.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Housing and Community Development
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.

  • HR8669To designate the facility of the United States Postal Service located at 5951 Riverdale Avenue in Bronx, New York, as the "Eliot L. Engel Post Office".
    Reported by Committee · 2026-05-20
  • HR8912Campaign Funds Integrity Act of 2026
    Referred to Committee · 2026-05-19
  • HR8562To designate a building of the Chancery of the United States in Pristina, Kosovo, as the "Eliot L. Engel Building".
    Reported by Committee · 2026-05-13
  • HR8771Campaign Event Contract Integrity Act
    Referred to Committee · 2026-05-12