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 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
Referred to the House Committee on Ways and Means.
March 14, 2001

Introduced in the House by Dennis Moore (D-Kan.)

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