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HR 1961 111th Congress House Taxation Employee benefits and pensions Income tax credits

Savings for American Families' Future Act of 2009

Introduced: April 2, 2009 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 2, 2009
Referred to the House Committee on Ways and Means.
Apr 2, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Savings for American Families' Future Act of 2009 - Amends the Internal Revenue Code to: (1) increase the rate of the tax credit for retirement savings contributions; (2) make such credit refundable; and (3) direct the Secretary of the Treasury to pay matching credit amounts into taxpayer retirement accounts.

What's happening now April 2, 2009

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1