In CommitteeFiled Apr 15, 2026
Sponsor: Rep. Smith, Adrian [R-NE-3] (R)
Latest Action
Referred to the House Committee on Ways and Means.
Apr 15, 2026
Summary
The bill removes the 2029 sunset date for the Trump accounts contribution pilot and turns it into a permanent part of the tax code. It also updates the $1,000 contribution amount each year after 2028 to keep pace with inflation, rounding down to the nearest $100. The changes apply to tax years beginning after December 31, 2026.
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