Jumpstart Savings Act

Hozzl · 2026-02-12T09:06:26Z

Explore the details of House Bill 7115 Jumpstart Savings Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

2/12/2026, 9:06 AM

Summary of Bill HR 7115

The Jumpstart Savings Act, introduced in the 119th Congress on January 15, 2026, aims to enhance savings opportunities for individuals. The bill likely includes provisions related to incentives or mechanisms to encourage saving, potentially through tax benefits or investment vehicles. Specific directives within the bill may focus on addressing barriers to saving and promoting financial security for individuals. For further details and the full text of the bill, please refer to the official PDF version available at the provided link.

Read the Full Bill

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Current Status of Bill HR 7115

Bill HR 7115 is currently in the status of Bill Introduced since January 15, 2026. Bill HR 7115 was introduced during Congress 119 and was introduced to the House on January 15, 2026. Bill HR 7115's most recent activity was Referred to the House Committee on Ways and Means. as of January 15, 2026

Bipartisan Support of Bill HR 7115

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 7115

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 7115

To amend the Internal Revenue Code of 1986 to establish Jumpstart Programs for saving for apprenticeship and trade occupation training, and for other purposes.