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SB5204Introduced in the Senate

SMART Savings Act of 2026 Simplifying Modern Access to Retirement Tools for Savings Act of 2026

IntroducedSenate Finance

Introduced by John Barrasso, District WY

What does this bill do?

Plain-English breakdown

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Official description

A bill to amend the Internal Revenue Code of 1986 to exempt individual account plans from certain prohibited transaction rules.

Where it stands

Read twice and referred to the Committee on Finance. (text: CR S4390)

July 30, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

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Bill history

  1. Read twice and referred to the Committee on Finance. (text: CR S4390)

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