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HR 6067 111th Congress House Social Welfare Bank accounts, deposits, capital Business investment and capital Coal Higher education Housing finance and home ownership Income tax deductions Oil and gas Poverty and welfare assistance Small business Student aid and college costs

IDA Protection Act of 2010

Introduced: July 30, 2010 Introduced by: Sánchez, Linda T. Democratic · California See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 30, 2010
Referred to the House Committee on Ways and Means.
Jul 30, 2010
Sponsor introductory remarks on measure. (CR E1508-1509)
Jul 30, 2010
Introduced in House
 Plain-English summary Congressional Research Service

IDA Protection Act of 2010 - Directs the Secretary of Health and Human Services (HHS) to make grants to qualified entities for individual development accounts from funds authorized to be appropriated in FY2011 and FY2012. Provides that: (1) the rules applicable to such grants shall be similar to the rules of the Assets for Independence Act; and (2) funds for such grants shall be supplemental to other federal, state, and local funding for such accounts.

Amends the Internal Revenue Code to deny a tax deduction for income attributable to the sale, exchange, or other disposition of coal, other hard mineral fossil fuels (including lignite and oil shale), or any primary product thereof.

What's happening now July 30, 2010

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1