HR 1322 · 106th Congress · Taxation

Small Savers Retirement Enhancement Act

Introduced 1999-03-25· Sponsored by Rep. Gallegly, Elton [R-CA-23]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1999-03-25)

Plain Language Summary

[AI summary unavailable — showing source text] Small Savers Retirement Enhancement Act - Amends the Internal Revenue Code to increase from $2,000 to $5,000 the annual limits on an individual's contributions to his or her individual retirement account (IRA). Mandates annual indexing of the $2,000 deductible portion of such contributions.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

5 Democrats15 Republicans
Rep. Emerson, Jo Ann [R-MO-8]MO
Rep. Frost, Martin [D-TX-24]TX
Rep. Shows, Ronnie [D-MS-4]MS
Rep. Weygand, Robert A. [D-RI-2]RI
Rep. Cox, Christopher [R-CA-47]CA
Rep. Bono, Mary [R-CA-44]CA
Rep. Hunter, Duncan [R-CA-52]CA
Rep. Ehrlich, Robert L., Jr. [R-MD-2]MD
Rep. Hastings, Doc [R-WA-4]WA
Rep. Goodling, William F. [R-PA-19]PA
Rep. Miller, Gary G. [R-CA-41]CA
Rep. Sensenbrenner, F. James, Jr. [R-WI-9]WI
Rep. Shays, Christopher [R-CT-4]CT
Rep. Graham, Lindsey [R-SC-3]SC
Rep. Wynn, Albert Russell [D-MD-4]MD
Rep. English, Phil [R-PA-21]PA
Rep. Minge, David [D-MN-2]MN
Rep. Royce, Edward R. [R-CA-39]CA
Rep. Paul, Ron [R-TX-14]TX
Rep. Horn, Stephen [R-CA-38]CA