HR 6757 · 118th Congress · Taxation

To amend the Internal Revenue Code of 1986 to permit the rollover contributions from Roth IRAs to designated Roth accounts.

Introduced 2023-12-13· Sponsored by Rep. LaHood, Darin [R-IL-16]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2023-12-13)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 6757 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 6757 To amend the Internal Revenue Code of 1986 to permit the rollover contributions from Roth IRAs to designated Roth accounts. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 13, 2023 Mr. LaHood (for himself and Ms. Sanchez) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to permit the rollover contributions from Roth IRAs to designated Roth accounts. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. ROLLOVER CONTRIBUTIONS FROM ROTH IRAS TO DESIGNATED ROTH ACCOUNTS. (a) Treatment as Rollover Distribution for Purposes of Roth IRA.-- Section 408(d)(3)(A) of the Internal Revenue Code of 1986 is amended by striking ``; or'' at the end of clause (i) and inserting a comma, by striking the period at the end of clause (ii) and insertin…

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

Cosponsors (1)

1 Democrat