H.R.5731: SAVE UP Act

About This Bill

  • Introduced July 12, 2016
  • Latest Major Action July 12, 2016

Bill Summary

Secure, Accessible, Valuable, Efficient Universal Pension Accounts Act or the SAVE UP Act This bill amends the Internal Revenue Code to establish the SAVE UP Account program to provide tax-exempt retirement accounts to employees who are not otherwise eligible for certain retirement plans. The bill establishes: (1) a board of trustees to create and manage the accounts, (2) a board of governors to establish policies for the investment and...

(Source: Library of Congress)

Bill Actions

Date Description
July 12, 2016
Referred to the House Committee on Ways and Means.
July 12, 2016

Introduced in the House by Joseph Crowley (D-N.Y.)

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