119 S5243 IS: To provide for the automatic establishment of Trump accounts using information collected under the Enumeration at Birth Program of the Social Security Administration. U.S. Senate 2026-08-05 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

II119th CONGRESS2d SessionS. 5243IN THE SENATE OF THE UNITED STATESAugust 5, 2026Mrs. Capito (for herself and Mr. Justice) introduced the following bill; which was read twice and referred to the Committee on FinanceA BILLTo provide for the automatic establishment of Trump accounts using information collected under the Enumeration at Birth Program of the Social Security Administration.

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).