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- H.R.1534
H.R.1534: SAVE Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced April 14, 2011
- Latest Major Action May 20, 2011
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Small Businesses Add Value for Employees Act of 2011 or the SAVE Act of 2011 - Amends Internal Revenue Code provisions relating to employer-established simple individual retirement accounts (IRAs) to: (1) repeal certain restrictions on rollovers from simple IRAs, (2) allow employers to elect to terminate qualified salary reduction arrangements at any time during the year, (3) repeal the enhanced 25% penalty on premature withdrawals made from...
(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 Education and the Workforce, 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 Education and the Workforce
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Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
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Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
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| April 14, 2011 |
Introduced in the House by Ron Kind (D-Wis.) |