Adds a new section 529B (Jumpstart Program) to Part VIII of subchapter F of chapter 1 of the Internal Revenue Code establishing the Jumpstart Program and related rules.

Amends the rollover rules in section 529(c)(3)(C)(i) to permit rollovers to Jumpstart Programs.

Modifies section 6693(a)(2) to redesignate subparagraphs and to add a new subparagraph referencing the reporting requirement under new section 529B(f).

Clerical amendment to the table of sections for Part VIII of subchapter F of chapter 1 by inserting a new item for section 529B after the item for section 529A.