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HR 3050 114th 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: July 14, 2015 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
Jul 14, 2015
Referred to the House Committee on Ways and Means.
Jul 14, 2015
Introduced in House
 Plain-English summary Congressional Research Service

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 July 14, 2015

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1