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139 STAT. 185 PUBLIC LAW 119–21—JULY 4, 2025 other than the Secretary, the account beneficiary, or the parent or legal guardian of the account beneficiary), ‘‘(B) distributions (including distributions which are qualified rollover contributions), ‘‘(C) the fair market value of the account, ‘‘(D) the investment in the contract with respect to such account, and ‘‘(E) such other matters as the Secretary may require. ‘‘(2) QUALIFIED ROLLOVER CONTRIBUTIONS.—Not later than 30 days after the date of any qualified rollover contribution, the trustee of the Trump account to which the contribution was made shall make a report to the Secretary. Such report shall include— ‘‘(A) the name, address, and social security number of the account beneficiary, ‘‘(B) the name and address of such trustee, ‘‘(C) the account number, ‘‘(D) the routing number of the trustee, and ‘‘(E) such other information as the Secretary may require. ‘‘(3) PERIOD OF REPORTING.—This subsection shall not apply to any period after the calendar year in which the beneficiary attains age 17.’’. (2) QUALIFIED ABLE ROLLOVER CONTRIBUTIONS EXEMPT FROM ABLE CONTRIBUTION LIMITATION.— (A) IN GENERAL.—Section 529A(b)(2)(B) is amended by inserting ‘‘or received in a qualified ABLE rollover contribu- tion described in section 530A(d)(4)(B)’’ after ‘‘except as provided in the case of contributions under subsection (c)(1)(C)’’. (B) PROHIBITION ON EXCESS CONTRIBUTIONS.—The second sentence of section 529A(b)(6) is amended by inserting ‘‘but do not include any contributions received in a qualified ABLE rollover contribution described in sec- tion 530A(d)(4)(B)’’ before the period at the end. (C) CONFORMING AMENDMENT.—Section 4973(h)(1) is amended by inserting ‘‘or contributions received in a quali- fied ABLE rollover contribution described in section 530A(d)(4)(B)’’ after ‘‘other than contributions under section 529A(c)(1)(C)’’. (3) FAILURE TO PROVIDE REPORTS ON TRUMP ACCOUNTS.— Section 6693(a)(2) is amended by striking ‘‘and’’ at the end of subparagraph (E), by striking the period at the end of subparagraph (F) and inserting ‘‘, and’’, and by inserting after subparagraph (F) the following new subparagraph: ‘‘(G) section 530A(i) (relating to Trump accounts).’’. (4) CLERICAL AMENDMENT.— (A) The table of parts for subchapter F of chapter 1 is amended by adding at the end the following new item: ‘‘PART IX—TRUMP ACCOUNTS’’. (b) EMPLOYER CONTRIBUTIONS.— (1) IN GENERAL.—Part III of subchapter B of chapter 1 is amended by inserting after section 127 the following new section: 26 USC prec. 501.