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Searching...- Bills
- H.R.1656
H.R.1656: Secure Assets For Employees (SAFE) Plan Act of 1997
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about taxation
- Introduced May 16, 1997
- Latest Major Action June 17, 1997
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
13 (9 Democrats, 5 Republicans)
Bill Summary
Secure Assets For Employees (SAFE) Plan Act of 1997 - Amends the Internal Revenue Code to allow an eligible employer, if specified requirements are met, to establish and maintain a SAFE annuity (an individual retirement annuity) or a SAFE trust (a trust forming part of a defined benefit plan), both to be funded by the employer. Makes the employer contributions deductible without limitation and otherwise provides for the treatment of...
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Ways and Means
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Referred to House Education and the Workforce
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Sponsor introductory remarks on measure.
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Referred to the Subcommittee on Employer-Employee Relations.
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| May 16, 1997 |
Introduced in the House by Nancy Lee Johnson (R-Conn.) |