# 119-hr-10490: Born to Invest Act of 2026

119-hr-10490, Born to Invest Act of 2026, is a 119th Congress bill sponsored by Rep. Davids, Sharice [D-KS-3] (D-KS); status introduced; PRIA reads it as touching household money (as of 2026-10-04).

- Canonical: https://policyrisk.com/legislation/119-hr-10490
- As of: 2026-10-04
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-10490
- Congress: 119
- Title: Born to Invest Act of 2026
- Status: introduced
- Introduced: 2026-09-17
- Sponsor: Rep. Davids, Sharice [D-KS-3] (D-KS)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-10-04

## Summary

**Federal model guidance to help states inform parents about tax-favored child savings accounts.** This bill would require the Treasury Secretary, in consultation with the Secretary of Health and Human Services, to develop and distribute model guidance that helps state treasurers notify parents about Trump accounts (section 530A), qualified ABLE programs (section 529A), and qualified tuition programs (section 529) and to coordinate use of live birth information for that outreach. - Families: New parents and legal guardians would get clearer, state-level notices tied to live birth data about options for tax-favored accounts for children. - State treasurers and health departments: Would receive a federal template to coordinate outreach and share live birth information to inform families about these accounts. - Federal agencies: Treasury would prepare and disseminate the guidance and must consult with Health and Human Services to develop it.

## Cosponsors (1)

- Rep. Schmidt, Derek [R-KS-2] (R-KS), 2026-09-17T00:00:00.000Z

## Provisions PRIA read

- Help for parents to open child accounts: benefit, low. If enacted, the Treasury Secretary would develop model guidance for State Treasurers, in consultation with the Secretary of Health and Human Services. The guidance would help states tell parents and guardians how to open tax-advantaged child savings accounts (section 530A). It would also cover ABLE…

## Related bills

- 119-hr-4669: FEMA Act of 2025
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-7481: Department of Homeland Security Appropriations Act, 2026
- 119-hr-7973: Momnibus Act
- 119-hr-10293: Rural Emergency Hospital Designation Improvement Act

## Sources
- [119-hr-10490 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/10490)

## Related
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-7481: Department of Homeland Security Appropriations Act, 2026](https://policyrisk.com/legislation/119-hr-7481)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-10293: Rural Emergency Hospital Designation Improvement Act](https://policyrisk.com/legislation/119-hr-10293)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-10490 (as of 2026-10-04).