I’m excited to introduce the Trump Accounts for All Generations Act to make this federal investment permanent for generations to come.
Make the Trump Accounts federal newborn contribution permanent and index the $1,000 investment to inflation.
Occurrences
Evidence
Last Action Date Listed: April 15, 2026. Action: Mr. Smith of Nebraska (for himself, Mr. Moore of Utah, and Mr. Jack) introduced the following bill; which was referred to the Committee on Ways and Means. Full Title: To amend the Internal Revenue Code of 1986 to make permanent the Trump accounts contribution pilot program, and for other purposes. Cosponsors include Blake D. Moore (UT).
PUBLIC LAW 119-21—JULY 4, 2025 includes SEC. 6434, TRUMP ACCOUNTS CONTRIBUTION PILOT PROGRAM, which provides a $1,000 contribution for eligible children and sets the framework for the pilot program. The law also includes inflation adjustment language for certain Trump Account-related provisions elsewhere in the statute, but the pilot itself remains a separate statutory program with defined eligibility and timing.
Assessments
The promised outcome was to make the Trump Accounts federal newborn contribution permanent and index the $1,000 investment to inflation. The existing 2025 law created only a pilot program with a $1,000 contribution for eligible newborns, not a permanent inflation-indexed benefit. Moore materially supported H.R. 8313 in the 119th Congress as a cosponsor; the bill directly matches the promise by seeking to make the pilot permanent and index the amount. However, available action records show it was introduced and referred to Ways and Means on April 15, 2026, with no enactment or passage shown. That is a serious legislative attempt, but not delivery of the promised policy.