US HB4129 | 2013-2014 | 113th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on February 28 2014 - 25% progression, died in committee
Action: 2014-02-28 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Roth Accounts for Youth Savings Act of 2014 or the RAYS Act - Amends the Internal Revenue Code, with respect to Roth individual retirement accounts (Roth IRAs), to allow dependents of a taxpayer to establish a Roth IRA (Roth Account for Youth). Disregards any amount in a Roth Account for Youth for purposes of determining elibility for benefits or assistance for a means-tested federal benefit program.

Tracking Information

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Title

RAYS Act

Sponsors


History

DateChamberAction
2014-02-28HouseReferred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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