US SB3496 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on December 5 2016 - 25% progression, died in committee
Action: 2016-12-05 - Read twice and referred to the Committee on Finance. (text of measure as introduced in the Senate: CR S6709)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 5 2016 - 25% progression, died in committee
Action: 2016-12-05 - Read twice and referred to the Committee on Finance. (text of measure as introduced in the Senate: CR S6709)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Servicemember Retirement Improvement Act This bill amends the Internal Revenue Code to allow members of the Ready Reserve of a reserve component of the Armed Forces to make the maximum allowable contribution ($18,000 in 2016) to their Thrift Savings Plans without limiting the amount such members may contribute to a retirement plan based upon other employment. The bill also doubles the maximum allowable contribution amount to the Thrift Savings Plans of federal employees in the Ready Reserve.
Title
Servicemember Retirement Improvement Act
Sponsors
Sen. John Cornyn [R-TX] | Sen. Robert Casey [D-PA] |
History
Date | Chamber | Action |
---|---|---|
2016-12-05 | Senate | Read twice and referred to the Committee on Finance. (text of measure as introduced in the Senate: CR S6709) |
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/senate-bill/3496/all-info |
Text | https://www.congress.gov/114/bills/s3496/BILLS-114s3496is.pdf |