# 119-hr-7115: Jumpstart Savings Act

119-hr-7115, Jumpstart Savings Act, is a 119th Congress bill sponsored by Rep. Moore, Riley M. [R-WV-2] (R-WV); status introduced; PRIA reads it as touching household money (as of 2026-09-02).

- Canonical: https://policyrisk.com/legislation/119-hr-7115
- As of: 2026-09-02
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-7115
- Congress: 119
- Title: Jumpstart Savings Act
- Status: introduced
- Introduced: 2026-01-15
- Sponsor: Rep. Moore, Riley M. [R-WV-2] (R-WV)
- Cosponsors: 14
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-09-02

## Summary

**Tax-advantaged Jumpstart Program** would create a new savings account, modeled on 529 plans, to help pay for apprenticeship costs, trade and technical certificates, tools, and qualifying small business startup expenses. - Workers and apprentices: Would permit tax-advantaged withdrawals to cover apprenticeship programs registered with the Department of Labor, community or technical college associate or certificate costs, certification or licensure fees, and tools or equipment needed to practice a trade. - Families and savers: Would apply tax rules like existing 529 plans to contributors and beneficiaries and would allow rollovers from Qualified Tuition Programs (529 plans) to Jumpstart accounts for the beneficiary or a family member. This would take effect for tax years beginning after Dec. 31, 2025. - States and program operators: Would let states or state agencies maintain Jumpstart accounts and require program officers to report contributions and distributions to the IRS and to beneficiaries. Charitable organizations operating programs would have tax-exempt treatment but remain subject to tax on unrelated business income.

## Cosponsors (14)

- Rep. Rulli, Michael A. [R-OH-6] (R-OH), 2026-01-15T00:00:00.000Z
- Rep. Hinson, Ashley [R-IA-2] (R-IA), 2026-01-15T00:00:00.000Z
- Rep. Goldman, Craig A. [R-TX-12] (R-TX), 2026-01-15T00:00:00.000Z
- Rep. Moore, Barry [R-AL-1] (R-AL), 2026-01-15T00:00:00.000Z
- Rep. Ciscomani, Juan [R-AZ-6] (R-AZ), 2026-01-16T00:00:00.000Z
- Rep. Owens, Burgess [R-UT-4] (R-UT), 2026-01-16T00:00:00.000Z
- Rep. Finstad, Brad [R-MN-1] (R-MN), 2026-01-23T00:00:00.000Z
- Rep. Gill, Brandon [R-TX-26] (R-TX), 2026-02-11T00:00:00.000Z
- Rep. Perez, Marie Gluesenkamp [D-WA-3] (D-WA), 2026-02-03T00:00:00.000Z
- Rep. Shreve, Jefferson [R-IN-6] (R-IN), 2026-02-04T00:00:00.000Z
- Rep. Burchett, Tim [R-TN-2] (R-TN), 2026-02-04T00:00:00.000Z
- Rep. Wied, Tony [R-WI-8] (R-WI), 2026-02-09T00:00:00.000Z
- Rep. DeLauro, Rosa L. [D-CT-3] (D-CT), 2026-08-24T00:00:00.000Z
- Rep. Flood, Mike [R-NE-1] (R-NE), 2026-08-31T00:00:00.000Z

## Provisions PRIA read

- New Jumpstart accounts for careers: benefit, medium. If enacted, this bill would create state-run Jumpstart savings accounts that would be tax-advantaged for career, trade, and apprenticeship costs. Accounts would be tax-exempt under the subtitle but programs would remain subject to the unrelated business income tax. The bill would let you roll over…

## Related bills

- 119-hr-1422: Enhanced Iran Sanctions Act of 2025
- 119-hr-979: AM Radio for Every Vehicle Act of 2025
- 119-hr-1628: 761st Tank Battalion Congressional Gold Medal Act
- 119-hr-452: Miracle on Ice Congressional Gold Medal Act
- 119-hr-2853: Combating Organized Retail Crime Act of 2025
- 119-hr-703: Main Street Tax Certainty Act

## Sources
- [119-hr-7115 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/7115)

## Related
- [119-hr-1422: Enhanced Iran Sanctions Act of 2025](https://policyrisk.com/legislation/119-hr-1422)
- [119-hr-979: AM Radio for Every Vehicle Act of 2025](https://policyrisk.com/legislation/119-hr-979)
- [119-hr-1628: 761st Tank Battalion Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-1628)
- [119-hr-452: Miracle on Ice Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-452)
- [119-hr-2853: Combating Organized Retail Crime Act of 2025](https://policyrisk.com/legislation/119-hr-2853)
- [119-hr-703: Main Street Tax Certainty Act](https://policyrisk.com/legislation/119-hr-703)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-7115 (as of 2026-09-02).