US HB4559 | 2013-2014 | 113th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on May 1 2014 - 25% progression, died in committee
Action: 2014-05-01 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 1 2014 - 25% progression, died in committee
Action: 2014-05-01 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to extend the period in which death gratuities (less amounts contributed to a Coverdell education savings account) and insurance proceeds payable to survivors of members of the Armed Forces or the Uniformed Services may be contributed to a Roth individual retirement account (Roth IRA) from one to three years after receipt of such gratuities or proceeds.
Title
To amend the Internal Revenue Code of 1986 to extend the time period for contributing military death gratuities to Roth IRAs and Coverdell education savings accounts.
Sponsors
Rep. Aaron Schock [R-IL] | Rep. Earl Blumenauer [D-OR] | Rep. Kristi Noem [R-SD] | Rep. Niki Tsongas [D-MA] |
History
Date | Chamber | Action |
---|---|---|
2014-05-01 | House | Referred to the House Committee on Ways and Means. |
Subjects
Bank accounts, deposits, capital
Employee benefits and pensions
Military personnel and dependents
Student aid and college costs
Taxation
Veterans' pensions and compensation
Employee benefits and pensions
Military personnel and dependents
Student aid and college costs
Taxation
Veterans' pensions and compensation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/4559/all-info |
Text | https://www.congress.gov/113/bills/hr4559/BILLS-113hr4559ih.pdf |