H.R.2849: Assets for Independence Act

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about congress
  • Introduced Nov. 6, 1997
  • Latest Major Action Nov. 18, 1997

Bill Summary

Assets for Independence Act - Provides for the establishment of four-year demonstration projects designed for the stated purpose of determining: (1) the social, civic, psychological, and economic effects of providing to individuals and families with limited means an incentive to accumulate assets by saving a portion of their earned income in an individual development account; (2) the extent to which an asset-based policy that promotes saving...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Human Resources.
Nov. 6, 1997

Introduced in the House by Tony P. Hall (D-Ohio)

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