Bipartisan legislation proposes nationwide guidance to inform families about children’s savings and investment accounts.
Quiver AI Summary
Bipartisan bill introduced: U.S. Reps. Derek Schmidt and Sharice Davids said they have introduced the “Born to Invest Act,” a bill aimed at helping parents and guardians learn about tax-favored savings and investment accounts for children. The proposal is described as building on a Kansas state initiative.
What the measure would do: The bill would direct the Treasury Department, with Health and Human Services, to issue guidance for states on sharing information about options such as 529 plans, ABLE accounts and “Trump Accounts.” It would also encourage coordination between state treasurers and health departments around birth information.
Supporters’ comments: Schmidt, Davids, Kansas Treasurer Steven Johnson and Sara Hart Weir of the Kansas Council on Developmental Disabilities each said the effort could help families learn about savings tools earlier and make them more widely available.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
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Derek Schmidt Fundraising
Derek Schmidt recently disclosed $53.1K of fundraising in a Pre-Primary FEC disclosure filed on July 23rd, 2026. This was the 604th most from all Pre-Primary reports we have seen this year. 40.7% came from individual donors.
Schmidt disclosed $129.7K of spending. This was the 563rd most from all Pre-Primary reports we have seen from politicians so far this year.
Schmidt disclosed $939.2K of cash on hand at the end of the filing period. This was the 325th most from all Pre-Primary reports we have seen this year.
You can see the disclosure here, or track Derek Schmidt's fundraising on Quiver Quantitative.
Derek Schmidt Net Worth
Quiver Quantitative estimates that Derek Schmidt is worth $5.3M, as of September 17th, 2026. This is the 165th highest net worth in Congress, per our live estimates.
Schmidt has approximately $2.1M invested in publicly traded assets which Quiver is able to track live.
You can track Derek Schmidt's net worth on Quiver Quantitative's politician page for Schmidt.
Derek Schmidt Bill Proposals
Here are some bills which have recently been proposed by Derek Schmidt:
- H.R.9794: To direct the Secretary of Defense to establish the Senator Robert J. Dole Greatest Generation Education Program.
- H.R.9298: Stopping Harmful and Outrageous Torts Act
- H.R.9108: To amend title XVIII of the Social Security Act to adjust the eligibility for the rural emergency hospital designation under the Medicare program.
- H.R.8352: Criminal History Access Act of 2026
- H.R.8276: Quindaro Townsite National Historic Landmark Act
- H.R.8065: Restoring Executive Branch Authorities to Oversee Offices of the United States Attorneys Act of 2026
You can track bills proposed by Derek Schmidt on Quiver Quantitative's politician page for Schmidt.
2026 Kansas's 2nd Congressional District Election
There has been approximately $3,177,046 of spending in Kansas's 2nd congressional district elections over the last two years, per our estimates.
Approximately $67,435 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- AMERICANS FOR PROSPERITY ACTION, INC. (AFP ACTION) DBA CVA ACTION AND DBA LIBRE ACTION ($63,750)
- KANSANS FOR LIFE FEDERAL POLITICAL ACTION COMMITTEE ($2,331)
- HUNTER ACTION FUND (HAF) ($1,354)
The rating for this race is currently "Solid R".
You can track this election on our matchup page for the 2026 Kansas's 2nd congressional district election.
