Introduced
August 3, 2026
Ms. Tenney introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to exempt individual account plans from certain prohibited transaction rules.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Simplifying Modern Access to Retirement Tools for Savings Act of 2026” or the “SMART Savings Act of 2026”.