Need all Congresses? Press Enter for expanded federal results.

SB 842

North Carolina Senate bill in Session 2025.

Status: in_committee. Latest action: May 7, 2026.

CARDINAL Act.

Bill ID NC-2025-SB-842
Session 2025
Status in_committee
Committee Appropriations/Base Budget
Senate in_committee 2026-05-07
Summary

Titles the act the “Creating Accounts for Residents to Develop Investment and Navigate Adulthood Later Act" or the ""CARDINAL Act.” Sets forth six defined terms, including Trump Account (Individual Retirement Accounts [IRA] enacted by 26 USC 530A), eligible child (one that meets the federal statutory definition, was born in the State after December 31, 2024 and before January 1, 2029, and who resides in a household with an income level not exceeding 300% of the federal poverty guidelines)."

Sponsor
Woodson Bradley
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-04-27 Introduced Bill introduced
2026-05-07 Status in_committee
2026-05-07 Latest Action Re-ref Com On Appropriations/Base Budget
More Bills From This Sponsor