H.R.1961: Savings for American Families' Future Act of 2009

About This Bill

Bill Summary

Savings for American Families' Future Act of 2009 - Amends the Internal Revenue Code to: (1) increase the rate of the tax credit for retirement savings contributions; (2) make such credit refundable; and (3) direct the Secretary of the Treasury to pay matching credit amounts into taxpayer retirement accounts.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
April 2, 2009

Introduced in the House by Earl Pomeroy (D-N.D.)

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