HR 527
110th Congress
House
Taxation
Finance and Financial Sector
Income tax
Individual retirement accounts
Labor and Employment
Pension funds
Saving and investment
Tax credits
Tax refunds
Tax-deferred compensation plans
Better Future for American Families Act
Introduced: January 17, 2007
Introduced by:
Larson, John B.
Democratic
· Connecticut
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 17, 2007
Referred to the House Committee on Ways and Means.
Jan 17, 2007
Introduced in House
Plain-English summary
Better Future for American Families Act - Amends the Internal Revenue Code to rename the tax credit for elective deferrals and IRA contributions as the saver's credit. Revises the applicable percentage and phaseout formula for calculating the credit and makes such credit refundable.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1