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- H.R.1026
H.R.1026: Increased Individual Retirement Accounts for All Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about congress
- Introduced March 14, 2001
- Latest Major Action March 14, 2001
Bill Sponsor
Bill Cosponsors
55 (49 Democrats, 7 Republicans)
Bill Summary
Increased Individual Retirement Accounts for All Act of 2001 - Amends the Internal Revenue Code to: (1) increase the annual limitation on deductible contributions to individual retirement accounts (IRAs) to $5,000 and provide a cost-of-living adjustment to such amount; (2) provide for increased "catch-up" contributions for individuals aged 50 or older; and (3) until December 31, 2005, allow a nonrefundable credit to certain individuals for...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
|
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March 14, 2001 |
Introduced in the House by Dennis Moore (D-Kan.) |