I introduced the Trump Accounts for All Generations Act to ensure that every future generation of Americans can have a strong financial start in life
make the $1,000 Trump Account contribution permanent and index it to inflation starting in 2029
Occurrences
Evidence
GovInfo lists H.R. 8313 as introduced in the House on April 15, 2026, with the action that Mr. Smith of Nebraska introduced the bill and it was referred to the Committee on Ways and Means. The short title is the Trump Accounts for All Generations Act, and the full title says it would amend the Internal Revenue Code to make permanent the Trump accounts contribution pilot program.
Smith's office said on April 15, 2026 that he introduced the Trump Accounts for All Generations Act, which would make the $1,000 Trump Account contribution permanent and index the investment to inflation beginning in 2029.
The bill text amends section 6434 to strike 'and before January 1, 2029,' and adds an inflation adjustment for taxable years beginning after 2028, stating that the $1,000 amount shall be increased by the cost-of-living adjustment.
Assessments
Smith introduced H.R. 8313 in the 119th Congress to make the $1,000 Trump Account contribution permanent and add inflation indexing beginning after 2028. The bill text matches the promised policy, and Smith gets candidate credit for sponsoring it. However, the evidence shows only introduction and referral to Ways and Means, not enactment or implementation, so the promised outcome has not yet been fulfilled.