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.
7/28/2010--Passed House without amendment. (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Supports the the goals and ideals of National Save for Retirement Week, including raising public awareness of: (1) tax-preferred retirement vehicles for personal savings and retirement financial security; (2) the availability of a variety of ways to save for retirement favored under the Internal Revenue Code; and (3) saving for retirement and the availability of tax-preferred employer-sponsored retirement savings vehicles.
House Republican Conference Summary
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
This summary can be found at http://www.gop.gov/bill/111/2/hres1481.
According to the resolution’s findings, October 17 through October 23, 2010, has been designated as “National Save for Retirement Week.”
H.Res. 1481 would resolve that the House of Representative:
- “Supports the goals and ideals of `National Save for Retirement Week', including raising public awareness of the various tax-preferred retirement vehicles as important tools for personal savings and retirement financial security;
- “Supports the need to raise public awareness of the availability of a variety of ways to save for retirement which are favored under the Internal Revenue Code of 1986 and are utilized by many Americans but which should be utilized by more;
- “Supports the need to raise public awareness of the importance of saving adequately for retirement, and the continued existence of tax preferred employer-sponsored retirement savings vehicles; and
- “Calls on the States, localities, schools, universities, nonprofit organizations, businesses, other entities, and the people of the United States to observe this week with appropriate programs and activities with the goal of increasing retirement savings for all the people of the United States.”
House Democratic Caucus Summary
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
We’ll be looking for a source of summaries from the other side in the meanwhile.