Savings for American Families' Future Act of 2009
Latest action · Apr 2, 2009 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 2, 2009
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
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.
Cosponsors 17
Members who signed on, in the order they did. Signatures ran from Apr 2, 2009 to Sep 29, 2010; 7 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-PA | Allyson Y. Schwartz | Original | Apr 2, 2009 |
| D-OR | Earl Blumenauer | Original | Apr 2, 2009 |
| D-PA | Jason Altmire | Original | Apr 2, 2009 |
| D-WA | Jim McDermott | Original | Apr 2, 2009 |
| D-PA | Joe Sestak | Original | Apr 2, 2009 |
| D-CA | Mike Thompson | Original | Apr 2, 2009 |
| D-WI | Ron Kind | Original | Apr 2, 2009 |
| D-VA | Gerald E. Connolly | Jun 11, 2009 | |
| D-NY | Edolphus Towns | Sep 10, 2009 | |
| D-MA | Niki Tsongas | Sep 24, 2009 | |
| D-TX | Eddie Bernice Johnson | Feb 23, 2010 | |
| D-OR | David Wu | Apr 29, 2010 | |
| D-GA | John Lewis | Apr 29, 2010 | |
| D-MN | Keith Ellison | May 20, 2010 | |
| D-IL | Danny K. Davis | Jul 30, 2010 | |
| D-CA | Joe Baca | Aug 10, 2010 | |
| D-CA | Michael M. Honda | Sep 29, 2010 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Apr 2, 2009 |
Actions 2
Everything that happened, newest first.
- Apr 2, 2009Introduced in House
- Apr 2, 2009Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
CRS reports 2
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 2
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R40707 | 401(k) Plans and Retirement Savings: Issues for Congress Archived | Report | Jan 7, 2011 |
| R41476 | Ownership of Individual Retirement Accounts (IRAs) and Policy Options for Congress Archived | Report | Jan 7, 2011 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 3090 | A bill to amend the Internal Revenue Code of 1986 to expand the availability of the saver's credit and to make the credit refundable. | Related bill | Mar 9, 2010 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to expand the availability of the saver's credit, to make the credit refundable, and to make Federal matching contributions into the retirement savings of the taxpayer.
- Short Titles as Introduced
- Savings for American Families' Future Act of 2009
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Apr 2, 2009Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
