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- H.R.4751
H.R.4751: Savings for Working Families Act of 2006
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about congress
- Introduced Feb. 14, 2006
- Latest Major Action Feb. 14, 2006
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
67 (35 Democrats, 33 Republicans)
Bill Summary
Savings for Working Families Act of 2006 - Allows certain low-income individuals between age 18 and 61 to establish tax-exempt individual development accounts (IDAs) to pay for certain qualified expenses, including education expenses, first-time homebuyer costs, and business capitalization or expansion costs. Sets forth rules for the establishment, maintenance, and termination of IDAs. Permits tax-free withdrawals from IDAs for qualified...
(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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Feb. 14, 2006 |
Introduced in the House by Joe Pitts (R-Pa.) |