Marriage IRA Fairness Act of 2003

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

R GalleglySponsor

No cosponsors.

What it does: CRS summary · Introduced in House · Feb 11, 2003

Marriage IRA Fairness Act of 2003 - Amends Internal Revenue Code provisions concerning retirement savings to: (1) increase, with respect to the limitation on the deduction for active participants in certain pension plans, the phaseout threshold to $50,000 (twice such amount on a joint return) and provide an annual cost-of-living adjustment; (2) increase the applicable dollar amount for a Roth IRA to $95,000 (twice such amount on a joint return); and (3) eliminate the marriage penalty on the IRA deduction for active pension plan participants.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Marriage IRA Fairness Act of 2003

Latest action (Feb 11, 2003): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Feb 11, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.