West Virginia Child Investment Account Matching Program Act creates a state matching contribution for Trump Accounts of eligible children.

The West Virginia Child Investment Account Matching Program Act establishes a state program to provide a one-time matching contribution to the Trump Account of each eligible child born in West Virginia. The contribution may not exceed $250 per child. The Treasurer may prioritize households with incomes not exceeding three hundred percent of the federal poverty level. The program requires an already established Trump Account through the existing federal program. The annual amount dispersed is capped at $2.5 million.

West Virginia Child Investment Account Matching Program Act creates a state matching contribution for Trump Accounts of eligible children.

The West Virginia Child Investment Account Matching Program Act establishes a state program to provide a one-time matching contribution to the Trump Account of each eligible child born in West Virginia. The contribution may not exceed $250 per child. The Treasurer may prioritize households with incomes not exceeding three hundred percent of the federal poverty level. The program requires an already established Trump Account through the existing federal program. The annual amount dispersed is capped at $2.5 million.