HR 527 · 110th Congress · Taxation

Better Future for American Families Act

Introduced 2007-01-17· Sponsored by Rep. Larson, John B. [D-CT-1]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-01-17)

Plain Language Summary

[AI summary unavailable — showing source text] Better Future for American Families Act - Amends the Internal Revenue Code to rename the tax credit for elective deferrals and IRA contributions as the saver's credit. Revises the applicable percentage and phaseout formula for calculating the credit and makes such credit refundable.…

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