A Democratic bill with 1 Republican cosponsor · See the cosponsor
Last activity — Referred to the House Committee on Ways and Means.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- 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
- Scored +3
Would children be better off under this?
The bill facilitates the creation of tax-favored accounts and educational savings plans for children.
- Scored +3
Would people with disabilities be better off under this?
The bill explicitly encourages information sharing regarding qualified ABLE programs, which benefit individuals with disabilities.
- Scored +3
Does this make college cost less?
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
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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. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would children be better off under this? — The bill facilitates the creation of tax-favored accounts and educational savings plans for children. Would people with disabilities be better off under this? — The bill explicitly encourages information sharing regarding qualified ABLE programs, which benefit individuals with disabilities. Would middle-income households be better off under this? — Middle-income families benefit from receiving information and guidance on establishing tax-favored savings accounts. Would students be better off under this? — The bill promotes qualified tuition programs that assist with future educational expenses for students. Would people in their twenties and thirties be better off under this? — New parents, typically young adults, receive better information on establishing tax-favored savings accounts for their newborns. Would high-income households be better off under this? — Higher-income households may also utilize the tax-favored accounts promoted by the state guidance.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The legislation encourages coordination between state treasurers and health departments to share information regarding live births and financial accounts. Does this leave more decisions to the states? — The bill provides model guidance for states to voluntarily assist with establishing tax-favored accounts for children.
- Education And Technology
- Does this make college cost less? — The bill provides guidance to states on sharing information about qualified tuition programs to help families save for education.
- 9/17/2026
- Referred to the House Committee on Ways and Means.
- 1 Cosponsor added.
- Introduced in House
Derek SchmidtRepublican · Kansas