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HR 10490 United States House · 119th Congress

Born to Invest Act of 2026

The Born to Invest Act of 2026 directs the Treasury Secretary, working with the Health and Human Services Secretary, to create model guidance for state officials. This guidance is intended to help state treasurers inform parents and legal guardians about opening specific tax-advantaged accounts for children, including Trump accounts, ABLE programs, and tuition programs. Additionally, the bill outlines procedures for state health departments to coordinate with treasurers by sharing live birth data to facilitate these account notifications.
Issues: ✓ Budget & TaxesSupports Budget & TaxesThe bill promotes the use of tax-advantaged accounts for children, which can be seen as a form of tax relief or encouragement for long-term financial planning, aligning with fiscal management.75% confidence ✓ EducationSupports EducationThe bill promotes awareness of tax-advantaged accounts, including tuition programs, which can help families save for education, thereby supporting educational access and funding.75% confidence
Sub-Topics: Higher Education
Bill status in committee 1 of 4 stages cleared
Introduction
Sep 2026
Committee Review
Floor Vote
President
Introduced Sep 17, 2026 Last action Sep 17, 2026
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Sep 17, 2026
Committee
Referred to the House Committee on Ways and Means.
lower
Sep 17, 2026
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
P
Photo of Sharice Davids
Sharice Davids
DDemocratic
KS
3
Co
Photo of Derek Schmidt
Derek Schmidt
RRepublican
KS
2