S 3234
112th Congress
Senate
Taxation
Bank accounts, deposits, capital
Employee benefits and pensions
Military personnel and dependents
Student aid and college costs
Veterans' pensions and compensation
A bill to amend the Internal Revenue Code of 1986 to extend the time period for contributing military death gratuities to Roth IRAs and Coverdell education savings accounts.
Introduced: May 24, 2012
Introduced by:
Blumenthal, Richard
Democratic
· Connecticut
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 24, 2012
Read twice and referred to the Committee on Finance.
May 24, 2012
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to extend the period in which death gratuities (less amounts contributed to a Coverdell education savings account) and insurance proceeds payable to survivors of members of the Armed Forces or the Uniformed Services may be contributed to a Roth individual retirement account (Roth IRA) from one to three years after receipt of such gratuities or proceeds.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1