Individual income taxes, to allow an exclusion from gross income for contributions to Trump Accounts and to make permanent the exclusion for amounts paid by an employer on any qualified education loan

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 10 Sponsors

Taxation & Revenue

Chamber: Senate
Introduced: Jan 13, 2026
Last action: Jan 13, 2026 — Read for the first time and referred to the Senate Committee on Finance and Taxation Education
Session: 2026rs
Momentum: 55 · Moderate

PASSAGE PROBABILITY

30.5% Uncertain

Why this number

Stage base Passed First Chamber — base rate 51%, measured from AL's completed sessions
Momentum +1 55/100 from the pace of recorded action
Time since last action -22 270 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.