HR 3038
117th Congress
House
Taxation
Airline Pilots Retirement Security Act
Introduced: May 7, 2021
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 7, 2021
Referred to the House Committee on Ways and Means.
May 7, 2021
Introduced in House
Plain-English summary
Airline Pilots Retirement Security Act
This bill allows catch up contributions to tax-exempt retirement plans for employees subject to a federally-mandated retirement age, in the three years prior to and including such retirement age (e.g., airline pilots). The amount of such contribution is twice the current allowable amount.
The bill also modifies the cost-of-living adjustment to the defined contribution plan limit of a tax-exempt employer retirement plan.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1