H.R. 5497 (110th): Kids IRA Act of 2008 (K-IRA)


Feb 26, 2008
110th Congress, 2007–2009

Died in a previous Congress

This bill was introduced on February 26, 2008, in a previous session of Congress, but was not enacted.


John Murtha

Representative for Pennsylvania's 12th congressional district



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Last Updated: Feb 26, 2008
Length: 6 pages

About the bill

Full Title

To amend the Internal Revenue Code of 1986 to provide for tax preferred savings accounts for individuals under age 26, and for other purposes.

Summary (CRS)

2/26/2008--Introduced.Kids IRA Act of 2008 (K-IRA) - Amends the Internal Revenue Code to establish young savers account for individual taxpayers under age 26. Treats such accounts as Roth individual retirement ... Read more >

The bill’s title was written by its sponsor.


Feb 26, 2008

This is the first step in the legislative process.

This is a House of Representatives bill in the United States Congress (indicated by the “H.R.” in “H.R. 5497”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


Committee Assignments

The committee chair determines whether a bill will move past the committee stage.


There have been no roll call votes related to this bill.

Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.


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