HR 6472 · 112th Congress · Taxation

Savings for American Families' Future Act of 2012

Introduced 2012-09-20· Sponsored by Rep. Neal, Richard E. [D-MA-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2012-09-20)

Plain Language Summary

[AI summary unavailable — showing source text] Savings for American Families' Future Act of 2012 - 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.…

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

Cosponsors (5)

5 Democrats
Rep. McDermott, Jim [D-WA-7]WA
Rep. Lewis, John [D-GA-5]GA
Rep. Blumenauer, Earl [D-OR-3]OR
Rep. Kind, Ron [D-WI-3]WI
Rep. Ellison, Keith [D-MN-5]MN