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Jumpstart Savings for Training Programs
Recent Bills/Jumpstart Savings for Training Programs

Jumpstart Savings for Training Programs

IntroducedJanuary 15, 2026
Introduced8 months ago
Intro
House
Senate
Pres
Referred to the House Committee on Ways and Means.
Taxation
More:Recently Introduced BillsEducationHouse Bills
Why This Matters

The Jumpstart Savings Act allows people to save money tax-free for training in specific trades and apprenticeships. This helps individuals prepare for careers in skilled professions by covering necessary expenses.

If you want to train for a skilled job, you can save money without paying taxes on it.
Who this affects
Apprentices · Trade certification seekers · Families
What changes is this bill making?
  1. 1This bill creates Jumpstart Programs to help people save for training in trades and apprenticeships.
  2. 2Contributions to these programs will not be taxed, encouraging savings for education and training.
  3. 3Qualified expenses include tuition, fees, and tools needed for trade occupations.
  4. 4People can roll over funds from existing education savings accounts into Jumpstart Programs.
  5. 5Reports will be required to track contributions and distributions from these accounts.
Read full document
Bill Progress1 of 4
Bills must pass the House, Senate, and be signed by the President to become law.
Intro
House
Senate
Pres
IntroducedCurrentJan 15

Referred to the House Committee on Ways and Means.

Sponsors
See all 14 sponsors
House
Senate
President

The President

Donald Trump
President
Awaiting Vote
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