Born to Invest Act of 2026
The source supplies the latest action, but no lifecycle stage.
Latest action (17 Sep 2026): Referred to the House Committee on Ways and Means.
What this bill does
The Born to Invest Act of 2026, introduced in the House of Representatives, would direct the Secretary of the Treasury to create model guidance for states. This guidance would help State Treasurers inform parents and legal guardians about establishing tax-favored accounts for children. These accounts include "Trump accounts," qualified ABLE programs, and qualified tuition programs.
The bill also proposes that State Treasurers and State health departments coordinate the sharing of information about live births. This coordination would assist State Treasurers in providing information on these tax-favored accounts to parents and guardians.
As the bill has just been introduced, it has been referred to the Committee on Ways and Means. It has not yet been scheduled for a vote or further action in either chamber of Congress.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Timeline
17 Sep 2026
Referred to the House Committee on Ways and Means.
Common questions
- What does H.R. 10490 do?
- The Born to Invest Act of 2026, introduced in the House of Representatives, would direct the Secretary of the Treasury to create model guidance for states. This guidance would help State Treasurers inform parents and legal guardians about establishing tax-favored accounts for children. These accounts include "Trump accounts," qualified ABLE programs, and qualified tuition programs. The bill also proposes that State Treasurers and State health departments coordinate the sharing of information about live births. This coordination would assist State Treasurers in providing information on these tax-favored accounts to parents and guardians. As the bill has just been introduced, it has been referred to the Committee on Ways and Means. It has not yet been scheduled for a vote or further action in either chamber of Congress.
- Has H.R. 10490 become law?
- The source does not supply a confirmed lifecycle stage for H.R. 10490. Check the latest action and official source below.
- Who sponsored H.R. 10490?
- H.R. 10490 was sponsored by Rep. Davids, Sharice [D-KS-3] (D-KS), with 1 cosponsor.
- What's the latest action on H.R. 10490?
- Referred to the House Committee on Ways and Means. (17 Sep 2026).
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