US SB5035 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on December 16 2020 - 25% progression, died in committee
Action: 2020-12-16 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S7553)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 16 2020 - 25% progression, died in committee
Action: 2020-12-16 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S7553)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A bill to amend the Internal Revenue Code of 1986 to provide matching payments for retirement savings contributions by certain individuals.
Title
Encouraging Americans to Save Act
Sponsors
| Sen. Ron Wyden [D-OR] | Sen. Michael Bennet [D-CO] | Sen. Sherrod Brown [D-OH] | Sen. Robert Casey [D-PA] |
| Sen. Catherine Cortez Masto [D-NV] | Sen. Richard Durbin [D-IL] | Sen. Amy Klobuchar [D-MN] | Sen. Patty Murray [D-WA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-12-16 | Senate | Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S7553) |
Subjects
Bank accounts, deposits, capital
Congressional oversight
Employee benefits and pensions
Government information and archives
Income tax credits
Income tax deferral
Inflation and prices
Securities
Tax administration and collection, taxpayers
Taxation
Congressional oversight
Employee benefits and pensions
Government information and archives
Income tax credits
Income tax deferral
Inflation and prices
Securities
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/5035/all-info |
| Text | https://www.congress.gov/116/bills/s5035/BILLS-116s5035is.pdf |
