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H.R. 10490IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 2 · H.R. 10490

Model guidance to assist with establishment of certain tax-favored accounts for children

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The Secretary of the Treasury, in consultation with the Secretary of Health and Human Services, shall develop and disseminate model guidance to assist— (1) State Treasurers in sharing information with parents and legal guardians on the establishment of Trump accounts (as defined in section 530A of the Internal Revenue Code of 1986), qualified ABLE programs (as defined in section 529A of such Code), and qualified tuition programs (as defined in section 529 of such Code), and (2) State Treasurers and State health departments in coordinating the sharing of information regarding live births to assist State Treasurers in carrying out the sharing of information described in paragraph (1).

Sec. 2: Model guidance to assist with establishment of certain tax-favored accounts for children · Public Law Tracker