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Searching...- Bills
- S.3025
S.3025: Graduate Student Savings Act of 2016
About This Bill
- Introduced June 7, 2016
- Latest Major Action June 7, 2016
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Graduate Student Savings Act of 2016 This bill amends the Internal Revenue Code to allow funds paid to an individual to aid in the pursuit of graduate or postdoctoral study or research to be saved in an Individual Retirement Account (IRA). The bill permits the funds to be considered compensation for purposes of current law provisions that limit annual deductible IRA contributions to the lesser of: (1) the deductible amount permitted under...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 7, 2016 |
Read twice and referred to the Committee on Finance.
|
| June 7, 2016 |
Introduced in the Senate by Elizabeth Warren (D-Mass.) |