HR 661
112th Congress
House
Taxation
Employee benefits and pensions
Income tax exclusion
To amend the Internal Revenue Code of 1986 to allow rollovers from other retirement plans into simple retirement accounts.
Introduced: February 11, 2011
Introduced by:
Foxx, Virginia
Republican
· North Carolina
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 11, 2011
Referred to the House Committee on Ways and Means.
Feb 11, 2011
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to allow tax-free rollovers from tax-exempt retirement plans, annuities, and deferred compensation plans into a simple individual retirement account.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1