Trump Accounts for All Generations Act

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8313 Introduced in House (IH)]

<DOC>

119th CONGRESS
  2d Session
                                H. R. 8313

To amend the Internal Revenue Code of 1986 to make permanent the Trump
      accounts contribution pilot program, and for other purposes.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                             April 15, 2026

 Mr. Smith of Nebraska (for himself, Mr. Moore of Utah, and Mr. Jack)
 introduced the following bill; which was referred to the Committee on
                             Ways and Means

_______________________________________________________________________

                                 A BILL

To amend the Internal Revenue Code of 1986 to make permanent the Trump
      accounts contribution pilot program, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Trump Accounts for All Generations
Act''.

SEC. 2. PERMANENT EXTENSION AND ENHANCEMENT OF TRUMP ACCOUNTS
              CONTRIBUTION PILOT PROGRAM.

    (a) Permanent Extension.--Section 6434(c)(1) of the Internal
Revenue Code of 1986 is amended by striking ``and before January 1,
2029,''.
    (b) Inflation Adjustment.--Section 6434 of such Code, as amended by
subsection (a), is amended--
            (1) by redesignating subsections (h) and (i) as subsections
        (i) and (j), respectively, and
            (2) by inserting after subsection (g) the following new
        subsection:
    ``(h) Inflation Adjustment.--In the case of any taxable year
beginning after 2028, the $1,000 amount in subsection (a) shall be
increased by an amount equal to--
            ``(1) such dollar amount, multiplied by
            ``(2) the cost-of-living adjustment determined under
        section 1(f)(3) for the calendar year in which the taxable year
        begins, determined by substituting `calendar year 2027' for
        `calendar year 2016' in subparagraph (A)(ii) thereof.
If any increase under this subsection is not a multiple of $100, such
increase shall be rounded to the next lowest multiple of $100.''.
    (c) Conforming Amendments.--
            (1) Section 6434 of such Code, as amended by the preceding
        provisions of this section, is amended by striking ``pilot'' in
        the heading thereof.
            (2) Section 6213(g)(2)(AA) of such Code is amended by
        striking ``pilot''.
            (3) Section 6659 of such Code is amended by striking
        ``pilot'' in the heading thereof.
            (4) The item relating to section 6434 in the table of
        sections for subchapter B of chapter 65 of such Code is amended
        by striking ``pilot''.
            (5) The item relating to section 6659 in the table of
        sections for part I of subchapter A of chapter 68 of such Code
        is amended by striking ``pilot''.
    (d) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2026.
                                 <all>