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- H.R.1322
H.R.1322: Small Savers Retirement Enhancement Act
About This Bill
- This bill was introduced in the 106th Congress
- This bill is primarily about taxation
- Introduced March 25, 1999
- Latest Major Action March 25, 1999
Bill Sponsor
Bill Cosponsors
224 (64 Democrats, 161 Republicans)
Bill Summary
Small Savers Retirement Enhancement Act - Amends the Internal Revenue Code to increase from $2,000 to $5,000 the annual limits on an individual's contributions to his or her individual retirement account (IRA). Mandates annual indexing of the $2,000 deductible portion of such contributions.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Referred to the House Committee on Ways and Means.
|
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March 25, 1999 |
Introduced in the House by Elton Gallegly (R-Calif.) |