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H.R. 1961 · 111th Congress

Savings for American Families' Future Act of 2009

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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 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

Savings for American Families' Future Act of 2009 - Amends the Internal Revenue Code to: (1) increase the rate of the tax credit for retirement savings contributions; (2) make such credit refundable; and (3) direct the Secretary of the Treasury to pay matching credit amounts into taxpayer retirement accounts.

What it does: CRS summary · Introduced in House · Apr 2, 2009

Savings for American Families' Future Act of 2009 - Amends the Internal Revenue Code to: (1) increase the rate of the tax credit for retirement savings contributions; (2) make such credit refundable; and (3) direct the Secretary of the Treasury to pay matching credit amounts into taxpayer retirement accounts.

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

About this bill and sources

Official title: Savings for American Families' Future Act of 2009

Latest action (Apr 2, 2009): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Apr 2, 2009

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

No recorded floor vote found.