To amend the Internal Revenue Code of 1986 to direct the Secretary of the Treasury to develop model guidance for States to assist with the establishment of certain tax-favored accounts for children.
Latest action (17 Sep 2026): Introduced
What this bill does
Generate a neutral, plain-English explanation of what this bill does, who it affects and what happens next — grounded in the official text.
Official summary
This bill is in the first stage of the legislative process. It was introduced into Congress on September 17, 2026. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.
Common questions
- What does H.R. 10490 do?
- This bill is in the first stage of the legislative process. It was introduced into Congress on September 17, 2026. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.
- Has H.R. 10490 become law?
- Not yet. As of 17 Sep 2026, H.R. 10490 is introduced.
- Who sponsored H.R. 10490?
- H.R. 10490 was sponsored by Rep. Sharice Davids [D-KS3] (Democrat-KS), with 0 cosponsors.
- What's the latest action on H.R. 10490?
- Introduced (17 Sep 2026).
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