HR 8853 · 117th Congress · Taxation

Protecting American Savers and Retirees Act

Introduced 2022-09-15· Sponsored by Rep. Kustoff, David [R-TN-8]· 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.(2022-09-15)

Plain Language Summary

[AI summary unavailable — showing source text] Protecting American Savers and Retirees Act This bill repeals the 1% excise tax on the repurchase of corporate stock enacted by the Inflation Reduction Act of 2022.…

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

Cosponsors (3)

3 Republicans
Rep. LaHood, Darin [R-IL-18]IL
Rep. Schweikert, David [R-AZ-6]AZ
Rep. Smith, Adrian [R-NE-3]NE