H.R. 5233 (108th): Better Future for American Families Act

Introduced:
Oct 06, 2004 (108th Congress, 2003–2004)
Sponsor:
Rep. John Larson [D-CT1]
Status:
Died (Referred to Committee)
See Instead:
This bill was re-introduced as H.R. 1519 (109th) on Apr 06, 2005.

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


10/6/2004--Introduced.
Better Future for American Families Act - Amends the Internal Revenue Code to rename the Credit for Elective Deferrals and IRA Contributions as the Saver's Credit. Revises the applicable percentage of an eligible individual's qualified retirement savings contributions for determining the amount of such credit. Makes the credit refundable and permanent.

House Republican Conference Summary

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House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

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