H.R. 8313 – Trump Accounts for All Generations Act

AI-Generated Summary

Updated April 21, 2026 at 6:11 AM UTC

The Trump Accounts for All Generations Act makes a tax‑benefit program known as the Trump accounts contribution permanent. It eliminates the program’s original 2029 deadline, adds an automatic inflation adjustment to the $1,000 contribution amount for tax years after 2028, and removes the word “pilot” from the related code sections. The changes apply to anyone eligible for the credit beginning with tax years that start after December 31, 2026.

Key Provisions

Deletes the expiration date (“and before January 1, 2029”) so the program continues indefinitely.
Adds an inflation adjustment: for taxable years beginning after 2028, the $1,000 amount is increased by the cost‑of‑living adjustment (using 2027 as the base year) and rounded down to the nearest $100.
Updates the Internal Revenue Code by removing the label “pilot” from sections 6434, 6213(g)(2)(AA), and 6659, and from related table‑of‑contents entries.
Sets the effective date of all changes to taxable years beginning after December 31, 2026.

Legislative Activity

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1 earlier action

HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

Ways and Means Committee

April 15, 2026

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HouseIntro Referral

Introduced in House

April 15, 2026

HouseIntro Referral

Referred to the House Committee on Ways and Means.

Ways and Means Committee

April 15, 2026

Floor Debate

1 member

What members said about H.R. 8313 on the floor

1 Republican

Rep. Adrian SmithR-NE-3 · Aug 31, 2026

Mr. Speaker, I ask unanimous consent to remove the gentlewoman from New Mexico (Mrs. Grijalva) as a cosponsor of H.R. 8313.

Bill Text

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Introduced in HouseIssued April 15, 2026

I

119th CONGRESS

2d Session

H. R. 8313

IN THE HOUSE OF REPRESENTATIVES

April 15, 2026

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

A BILL

To amend the Internal Revenue Code of 1986 to make permanent the Trump accounts contribution pilot program, and for other purposes.

1.

Short title

This Act may be cited as the Trump Accounts for All Generations Act.

2.

Permanent extension and enhancement of Trump accounts contribution pilot program

(a)

Permanent extension

Section 6434(c)(1) of the Internal Revenue Code of 1986 is amended by striking and before January 1, 2029,.

(b)

Inflation adjustment

Section 6434 of such Code, as amended by subsection (a), is amended—

(1)

by redesignating subsections (h) and (i) as subsections (i) and (j), respectively, and

(2)

by inserting after subsection (g) the following new subsection:

(h)

Inflation adjustment

In the case of any taxable year beginning after 2028, the $1,000 amount in subsection (a) shall be increased by an amount equal to—

(1)

such dollar amount, multiplied by

(2)

the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting calendar year 2027 for calendar year 2016 in subparagraph (A)(ii) thereof.

If any increase under this subsection is not a multiple of $100, such increase shall be rounded to the next lowest multiple of $100.

.

(c)

Conforming amendments

(1)

Section 6434 of such Code, as amended by the preceding provisions of this section, is amended by striking pilot in the heading thereof.

(2)

Section 6213(g)(2)(AA) of such Code is amended by striking pilot.

(3)

Section 6659 of such Code is amended by striking pilot in the heading thereof.

(4)

The item relating to section 6434 in the table of sections for subchapter B of chapter 65 of such Code is amended by striking pilot.

(5)

The item relating to section 6659 in the table of sections for part I of subchapter A of chapter 68 of such Code is amended by striking pilot.

(d)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2026.