HR 1322
106th Congress
House
Taxation
Cost of living adjustments
Economics and Public Finance
Income tax
Indexing (Economic policy)
Individual retirement accounts
Labor and Employment
Personal income tax
Tax deductions
Small Savers Retirement Enhancement Act
Introduced: March 25, 1999
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 25, 1999
Referred to the House Committee on Ways and Means.
Mar 25, 1999
Introduced in House
Plain-English summary
Small Savers Retirement Enhancement Act - Amends the Internal Revenue Code to increase from $2,000 to $5,000 the annual limits on an individual's contributions to his or her individual retirement account (IRA).
Mandates annual indexing of the $2,000 deductible portion of such contributions.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1