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HR 2021 111th Congress House Taxation Accounting and auditing Capital gains tax Employee benefits and pensions Employment taxes Financial services and investments Higher education Income tax credits Income tax deductions Income tax exclusion Marriage and family status Social security and elderly assistance Student aid and college costs

Savings Recovery Act of 2009

Introduced: April 22, 2009 See on congress.gov
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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 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 21, 2009
Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
May 21, 2009
Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.
Apr 22, 2009
Referred to House Education and Labor
Apr 22, 2009
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Apr 22, 2009
Referred to House Ways and Means
Apr 22, 2009
Introduced in House
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 Plain-English summary Congressional Research Service

Savings Recovery Act of 2009 - Amends title II (Old Age, Survivors, and Disability Insurance) of the Social Security Act to increase the monthly exempt amount for individuals who have employment income and who have not reached full retirement age between 2008 and 2010.

Amends the Internal Revenue Code to: (1) exclude from the gross income of noncorporate taxpayers in 2009 and 2010 dividend income and gain from the sale or exchange of capital assets; (2) increase the limit on the tax deduction for losses from the sale or exchange of capital assets; (3) allow a tax credit for contributions to a qualified tuition program; (4) eliminate the marriage penalty in income limitations for individual retirement account (IRA) contributions; (5) increase the dollar limitation on contributions, including catch-up contributions, to IRAs; and (6) extend through 2012 the suspension of of minimum withdrawal requirements from pension plans.

Amends the Employee Retirement Income Security Act of 1974 (ERISA) to provide special rules in 2009 and 2010 for valuation of assets in defined benefit pension plans.

What's happening now May 21, 2009

Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 4
 Cosponsors 10
All 10 Republican 9
R
Calvert, Ken
California · Sep 15, 2010
 R
Diaz-Balart, Mario
Florida · May 7, 2009
 R
Simpson, Michael K.
Idaho · May 7, 2009
 R
Cassidy, Bill
Louisiana · Apr 29, 2009
 R
Smith, Adrian
Nebraska · Apr 29, 2009
 R
Carter, John R.
Texas · Apr 22, 2009
 R
Guthrie, Brett
Kentucky · Apr 22, 2009
 R
Latta, Robert E.
Ohio · Apr 22, 2009
McCarthy, Kevin
· Apr 22, 2009
 R
Sessions, Pete
Texas · Apr 22, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2021: Savings Recovery Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-HR-2021/
MLA
"H.R. 2021: Savings Recovery Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-2021/.
Bluebook (legal)
H.R. 2021, 111th Cong. (2026), https://openamerica.io/bill/111-HR-2021/.
Markdown link
[H.R. 2021: Savings Recovery Act of 2009](https://openamerica.io/bill/111-HR-2021/)
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