[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 5243 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
                                S. 5243

  To provide for the automatic establishment of Trump accounts using 
  information collected under the Enumeration at Birth Program of the 
                    Social Security Administration.


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                   IN THE SENATE OF THE UNITED STATES

                             August 5, 2026

  Mrs. Capito (for herself and Mr. Justice) introduced the following 
  bill; which was read twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
  To provide for the automatic establishment of Trump accounts using 
  information collected under the Enumeration at Birth Program of the 
                    Social Security Administration.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. USE OF SOCIAL SECURITY DATA FOR TRUMP ACCOUNT ENROLLMENT.

    (a) Definitions.--In this section:
            (1) Secretary.--The term ``Secretary'' means the Secretary 
        of the Treasury or the Secretary's delegate.
            (2) Trump account.--The term ``Trump account'' has the 
        meaning given such term under section 530A of the Internal 
        Revenue Code of 1986.
    (b) Collection of Information.--The Commissioner of Social 
Security, in consultation with the Secretary, shall modify the 
Enumeration at Birth Program of the Social Security Administration to 
collect and send to the Secretary such information as may be necessary 
to establish Trump accounts on behalf of newborn children.
    (c) Establishment of Account.--The Secretary shall establish a 
Trump account on behalf of each newborn child with respect to whom 
information is provided under subsection (b).
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