S 1297 · 111th Congress 2009–2011, ended

Retirement Security for Life Act of 2009

Fact sheet

Latest action · Jun 18, 2009 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6815-6816)

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.

  1. IntroducedJun 18, 2009
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Retirement Security for Life Act of 2009 - Amends the Internal Revenue Code to allow an exclusion from gross income for 50 percent of the amount otherwise includible in gross income as guaranteed payments from certain annuity or life insurance contracts. Limits the amount of such exclusion to $20,000 in any taxable year. Provides for an inflation adjustment of the $20,000 limitation beginning in 2011.

Cosponsors 4

Members who signed on, in the order they did. Signatures ran from Jun 18, 2009 to Dec 22, 2009, with 1 there on the day it was introduced.

SeatCosponsorSigned on
R-KSPat RobertsOriginalJun 18, 2009
D-CTJoseph I. LiebermanJul 15, 2009
D-SDTim JohnsonNov 20, 2009
R-GAJohnny IsaksonDec 22, 2009

Actions 3

Everything that happened, newest first.

  1. Jun 18, 2009Introduced in Senate
  2. Jun 18, 2009Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6815-6816)
  3. Jun 18, 2009Sponsor introductory remarks on measure. (CR S6814-6815)

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 2748Retirement Security Needs Lifetime Pay Act of 2009Related billJun 8, 2009

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. Jun 18, 2009Introduced in Senate

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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.