HR 1026
107th Congress
House
Taxation
Annuities
Congress
Congressional reporting requirements
Cost of living adjustments
Economics and Public Finance
Income tax
Indexing (Economic policy)
Individual retirement accounts
Labor and Employment
Pension funds
Personal income tax
Social Welfare
Tax credits
Tax deductions
Tax-deferred compensation plans
Increased Individual Retirement Accounts for All Act of 2001
Introduced: March 14, 2001
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 14, 2001
Referred to the House Committee on Ways and Means.
Mar 14, 2001
Introduced in House
Plain-English summary
Increased Individual Retirement Accounts for All Act of 2001 - Amends the Internal Revenue Code to: (1) increase the annual limitation on deductible contributions to individual retirement accounts (IRAs) to $5,000 and provide a cost-of-living adjustment to such amount; (2) provide for increased "catch-up" contributions for individuals aged 50 or older; and (3) until December 31, 2005, allow a nonrefundable credit to certain individuals for elective deferrals and IRA contributions.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1