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Searching...- Bills
- H.R.5553
H.R.5553: Protecting America's Savings Act of 2002
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about congress
- Introduced Oct. 3, 2002
- Latest Major Action Oct. 3, 2002
Bill Sponsor
Bill Cosponsors
3 (1 Democrat, 3 Republicans)
Bill Summary
Protecting America's Savings Act of 2002 - Amends the Internal Revenue Code (Code) to accelerate increases to: (1) the $5,000 deductible individual retirement account (IRA) contribution limit; and (2) the $15,000 elective deferral and the State, local, and tax-exempt organizations' plan limits, the $10,000 SIMPLE plan limit, and catch-up contribution limits.Increases dollar amount eligibility for IRA and Roth IRA deductibility.Amends Federal...
(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 Government Reform, 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 Government Reform
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| Oct. 3, 2002 |
Introduced in the House by Rob Portman (R-Ohio) |