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To amend the Internal Revenue Code of 1986 to treat digital asset indexes as eligible investments for purposes of Trump accounts.
Summary
This bill amends the Internal Revenue Code to allow digital asset indexes as eligible investments in TRUMP accounts, which are education savings accounts. It also makes the TRUMP accounts contribution pilot program permanent by removing its pilot designation and the January 1, 2029 expiration date. These changes would take effect for investments made after the bill's enactment and for taxable years beginning after December 31, 2025.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. Kim, Young [R-CA-40] (R-CA)
2 cosponsors
Money behind the sponsor
Top reported contributors to Young Kim’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $166,350
- FOUNDERS FUND $14,307
- VETERANS GUARDIAN VA CLAIM CONSULTING $13,200
- EDWARD C. LEVY CO. $13,200
- APOLLO $11,100
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Young Kim → · Outside spending →
Actions (2)
- Feb 26, 2026 Referred to the House Committee on Ways and Means. · house
- Feb 26, 2026 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE HOUSE OF REPRESENTATIVES
February 26, 2026
Mrs. Kim (for herself, Mr. Timmons, and Ms. Salazar) 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 treat digital asset indexes as eligible investments for purposes of Trump accounts.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Savings and Early Exposure to Diversified Securities Act of 2026” or the “SEEDS Act of 2026”.
SEC. 2. MAKING DIGITAL ASSET INDEXES ELIGIBLE INVESTMENTS FOR PURPOSES OF TRUMP ACCOUNTS.
(a) In General.—Section 530A(b)(3)(B) of the Internal Revenue Code of 1986 is amended—
(1) in clause (i), by striking “or” at the end,
(2) by redesignating clause (ii) as clause (iii), and
(3) by inserting after clause (i) the following new clause:
“(ii) an index comprised of digital assets,”.
(b) Effective Date.—The amendments made by this section shall apply to investments made after the date of the enactment of this Act.
SEC. 3. TRUMP ACCOUNTS CONTRIBUTION PILOT PROGRAM MADE PERMANENT.
(a) In General.—Section 6434 of the Internal Revenue Code of 1986 is amended—
(1) in the heading, by striking “pilot”, and
(2) in subsection (c)(1), by striking “and before January 1, 2029,”.
(b) Conforming Amendments.—
(1) Section 6213(g)(2)(AA) of such Code is amended by striking “pilot”.
(2) 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”.
(c) Effective Date.—The amendments made by this section shall apply to taxable years beginning after December 31, 2025. <all>
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