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.

This bill would require the Social Security Administration to change its Enumeration at Birth Program, which assigns Social Security numbers to newborns, so that it collects and sends to the Treasury Department the information needed to set up Trump accounts for newborn children. The Social Security Commissioner would make these changes in consultation with the Secretary of the Treasury. The Treasury Secretary would then set up a Trump account for each newborn whose information is provided. A Trump account is defined by section 530A of the Internal Revenue Code.

Full text and official record on Congress.gov

Sponsors

• Shelley Moore Capito Republican sponsor
• 1 cosponsors