Bills/H.R. 7737

To amend the Internal Revenue Code of 1986 to treat digital asset indexes as eligible investments for purposes of Trump accounts.

To amend the Internal Revenue Code of 1986 to treat digital asset indexes as eligible investments for purposes of Trump accounts.

In CommitteeOtherHouseHouse Bill · 119th Congress
Bill Progress · House
Introduced
Committee
Passed House
Passed Senate
Passed Both
Signed

Plain Language Summary

# HR 7737 Summary **What the Bill Would Do:** This bill would modify tax rules to allow "Trump accounts" (a specific type of retirement or investment account) to include digital asset indexes as eligible investments. Digital asset indexes are investment products that track the performance of cryptocurrencies or similar digital assets, similar to how traditional stock index funds track groups of companies. Currently, these digital investments may not be allowed in these accounts under federal tax law. **Who It Affects:** The bill would primarily affect individuals who use Trump accounts for retirement or investment savings, as well as financial institutions that manage these accounts.

It could expand investment options for account holders interested in cryptocurrency exposure through indexed products rather than individual digital assets. **Current Status:** HR 7737 is currently in committee, meaning it has been introduced but not yet debated or voted on by the full House of Representatives. The bill was sponsored by Representative Young Kim (R-CA). Without additional action, the bill remains in the early stages of the legislative process.

Advertisement

Latest Action

February 26, 2026

Referred to the House Committee on Ways and Means.

Sponsor

R
2 cosponsors

Key Dates

Introduced
February 26, 2026
Last Updated
February 26, 2026
Read Full Text on Congress.gov →
Advertisement