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- H.R.1125
H.R.1125: Start Saving Sooner Act of 2015
About This Bill
- Introduced Feb. 26, 2015
- Latest Major Action Feb. 26, 2015
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
10 (3 Democrats, 7 Republicans)
Bill Summary
Start Saving Sooner Act of 2015 Amends the Internal Revenue Code to establish a tax-exempt individual retirement account for taxpayers under age 18, to be known as a young savers account. Treats such accounts as Roth individual retirement accounts for income tax purposes. Allows the tax credit for retirement savings for contributions to a young savers account. Directs the Secretary of the Treasury to pay any overpayment of tax that is...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Feb. 26, 2015 |
Referred to the House Committee on Ways and Means.
|
| Feb. 26, 2015 |
Introduced in the House by Richard Hanna (R-N.Y.) |