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HR 1961 111th Congress House

Savings for American Families' Future Act of 2009

Official title: To amend the Internal Revenue Code of 1986 to expand the availability of the saver's credit, to make the credit refundable, and to make Federal matching contri… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to expand the availability of the saver's credit, to make the credit refundable, and to make Federal matching contributions into the retirement savings of the taxpayer.

Introduced: July 30, 2010 See on congress.gov
Taxation Employee benefits and pensionsIncome tax credits
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Latest action April 2, 2009

Referred to the House Committee on Ways and Means.

 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.

 Related & companion bills 1
  • S 3090 Related bill A bill to amend the Internal Revenue Code of 1986 to expand the availability of the saver's credit and to make the cred…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Davis, Danny K.
Illinois · Jul 30, 2010
 D
Thompson, Mike
California · Apr 2, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1961: Savings for American Families' Future Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-HR-1961/
MLA
"H.R. 1961: Savings for American Families' Future Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-1961/.
Bluebook (legal)
H.R. 1961, 111th Cong. (2026), https://openamerica.io/bill/111-HR-1961/.
Markdown link
[H.R. 1961: Savings for American Families' Future Act of 2009](https://openamerica.io/bill/111-HR-1961/)
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