S 4297 116th Congress Senate Taxation

AMORE Act

Introduced: July 23, 2020 Introduced by: Cruz, Ted Republican · Texas 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 23, 2020

Read twice and referred to the Committee on Finance.

Jul 23, 2020

Introduced in Senate

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Plain-English summary Congressional Research Service

Addressing Missed-savings Opportunities for Retirement due to an Epidemic Act or the AMORE Act

This bill allows a participant in a tax-preferred pension plan or individual retirement plan to make additional contributions to such plans for any taxable year beginning in 2021 or 2022 in an amount not exceeding the participant's unused 2020 contribution amount.

What's happening now July 23, 2020

Read twice and referred to the Committee on Finance.

Related & companion bills 1

Bill text 1 version