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S. 5243

U.S. Senate•In Senate Committee

Summary

S. 5243, 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, was introduced in the Senate on Aug 5, 2026 by Sen. Shelley Capito (R) with 1 co-sponsor. It was referred to Finance, and last saw action on Aug 5, 2026: Read twice and referred to the Committee on Finance.

Record

Text

S. 5243 has 1 co-sponsor.

sb5243/introduced-in-senate.txt
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.
 II  119th CONGRESS  2d Session  S. 5243  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.
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).

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2026-08-05
  2. Passed Senate
  3. Passed House
  4. Conference
  5. To President
  6. Became Law

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.

Sponsors

Sen. Shelley Capito (R) sponsors S. 5243, and 1 member has co-sponsored it from the day it was introduced.

Committees

S. 5243 went before 1 committee: Finance.

Finance
Finance
Referred To · Aug 5, 2026 · 902 Bills

Actions

S. 5243 has taken 2 actions since Aug 5, 2026.

ChamberAction
Aug 5, 2026
Senate
Read twice and referred to the Committee on Finance.Finance Committee
Aug 5, 2026
—
Introduced in Senate

Votes

S. 5243 has not gone to a roll call.

Titles

S. 5243 goes by 2 titles.

  • 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. — Official Title as Introduced
  • 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. — Display Title

Classification

The Congressional Research Service files S. 5243 under Social Welfare, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 5243’s is Social Welfare.

s5243/policy-areas.txt
Social WelfareAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Source: congress.gov · legiscan.com