Bill · H.R. 10490· House(119-HR-10490)
Born to Invest Act of 2026
- Introduced
- 9/17/2026
- Last activity
- 9/17/2026 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Sharice Davids
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill is called the Born to Invest Act of 2026. It requires the Secretary of the Treasury to work with the Secretary of Health and Human Services. Together, they must create and share model guidance for states. This guidance helps State Treasurers share information with parents and legal guardians about setting up certain tax-favored accounts for children. These accounts include Trump accounts, qualified ABLE programs, and qualified tuition programs. The bill also helps State Treasurers and State health departments coordinate on sharing information about live births so treasurers can share account information with parents.
Yes· 3 of 9
Would children be better off under this?+3
The bill facilitates the creation of tax-favored accounts and educational savings plans for children.
Would people with disabilities be better off under this?+3
The bill explicitly encourages information sharing regarding qualified ABLE programs, which benefit individuals with disabilities.
Does this make college cost less?+3
The bill provides guidance to states on sharing information about qualified tuition programs to help families save for education.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Section 2(1): State Treasurers will share information with parents and legal guardians on how to establish Trump accounts, qualified ABLE programs, and qualified tuition programs. This is positive because it helps families learn about and set up tax-favored accounts for children.
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Section 2(2): State Treasurers and State health departments will coordinate the sharing of information regarding live births. This is positive because it helps State Treasurers get the information they need to share details about these tax-favored accounts with parents.
Potential Negative Impacts for People
- There are no specific negative impacts or burdens mentioned in the text of the bill.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Children+3Good For People With Disabilities+3Good For Middle Class Households+2Good For Students+2Good For Young Adults+2Good For High Income Households+1
- Governance And Ideology
- Improves Government Transparency+2Increase States Rights+2
- Education And Technology
- Improves College Affordability+3
- 9/17/2026
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
Derek SchmidtRepublican · Kansas