Born to Invest Act of 2026

Core Policy Mechanism Top 1

Model Guidance for Children's Tax-Favored Savings Accounts

Requires the Treasury Department to create model guidance helping state treasurers inform parents about children's tax-favored savings accounts and coordinating with state health departments to share live birth data to reach new parents.

• Population Scope Medium Directly affects parents and guardians of newborns and young children — a substantial but sub-majority share of U.S. adults — plus state treasurers and health departments in all 50 states.
• Budgetary Magnitude Low No funds are authorized, appropriated, or obligated; the bill creates an administrative duty to develop guidance without attaching any dollar amount.
• Legal / Regulatory Depth Medium Creates a new statutory duty binding the Secretary of the Treasury (the Treasury) and state agencies to coordinate and disseminate guidance — a procedural mandate that structures intergovernmental conduct without altering the substantive law governing any of the three savings-account programs.
• Degree of Discretion Granted Medium Treasury 'shall' develop and disseminate guidance, eliminating the threshold choice to act, but the bill leaves the content, format, and timing of that guidance entirely to agency judgment.
• Implementation & Enforcement Burden Low No enforcement mechanism, penalty, or compliance obligation is created; the sole burden is an internal federal-state coordination and outreach duty with no private right of action or oversight infrastructure.
• Temporal Commitment High Persists indefinitely until Congress affirmatively acts to repeal or modify it, with no sunset, expiration, or mandatory reauthorization.