Legis Daily

Trump Accounts for All Generations Act

USA119th CongressHR-8313| House 
| Updated: 4/15/2026
Adrian Smith

Adrian Smith

Republican Representative

Nebraska

Cosponsors (16)
Richard McCormick (Republican)Ashley Hinson (Republican)Zachary Nunn (Republican)Vince Fong (Republican)Mariannette Miller-Meeks (Republican)Nathaniel Moran (Republican)Brian Jack (Republican)Rudy Yakym (Republican)Daniel Meuser (Republican)Mike Kelly (Republican)Nancy Mace (Republican)Adelita S. Grijalva (Democratic)Blake D. Moore (Republican)Abraham J. Hamadeh (Republican)Randy Feenstra (Republican)Erin Houchin (Republican)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill permanently extends the existing Trump accounts contribution program by amending the Internal Revenue Code to remove its scheduled expiration date of January 1, 2029. This ensures the program's indefinite continuation, moving it beyond its initial pilot phase. Additionally, the legislation introduces an important enhancement by establishing an inflation adjustment for the program's $1,000 contribution amount. This adjustment will be applied to taxable years beginning after 2028, helping to maintain the real value of contributions over time. Conforming amendments are also made to strike the "pilot" designation from the program's name in various sections of the tax code.
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Timeline
Apr 15, 2026
Introduced in House
Apr 15, 2026
Referred to the House Committee on Ways and Means.
  • April 15, 2026
    Introduced in House


  • April 15, 2026
    Referred to the House Committee on Ways and Means.

Taxation

Trump Accounts for All Generations Act

USA119th CongressHR-8313| House 
| Updated: 4/15/2026
This bill permanently extends the existing Trump accounts contribution program by amending the Internal Revenue Code to remove its scheduled expiration date of January 1, 2029. This ensures the program's indefinite continuation, moving it beyond its initial pilot phase. Additionally, the legislation introduces an important enhancement by establishing an inflation adjustment for the program's $1,000 contribution amount. This adjustment will be applied to taxable years beginning after 2028, helping to maintain the real value of contributions over time. Conforming amendments are also made to strike the "pilot" designation from the program's name in various sections of the tax code.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 15, 2026
Introduced in House
Apr 15, 2026
Referred to the House Committee on Ways and Means.
  • April 15, 2026
    Introduced in House


  • April 15, 2026
    Referred to the House Committee on Ways and Means.
Adrian Smith

Adrian Smith

Republican Representative

Nebraska

Cosponsors (16)
Richard McCormick (Republican)Ashley Hinson (Republican)Zachary Nunn (Republican)Vince Fong (Republican)Mariannette Miller-Meeks (Republican)Nathaniel Moran (Republican)Brian Jack (Republican)Rudy Yakym (Republican)Daniel Meuser (Republican)Mike Kelly (Republican)Nancy Mace (Republican)Adelita S. Grijalva (Democratic)Blake D. Moore (Republican)Abraham J. Hamadeh (Republican)Randy Feenstra (Republican)Erin Houchin (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted