US HB1317 | 2017-2018 | 115th Congress
Status
Sponsorship: Strong Partisan Bill (Republican 45-2-1)
Status: Introduced on March 2 2017 - 25% progression, died in committee
Action: 2017-03-02 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 2 2017 - 25% progression, died in committee
Action: 2017-03-02 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means 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 2017) to their Thrift Savings Plans (TSPs) 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 TSPs of federal employees in the Ready Reserve who are not eligible to make contributions to any plan other than the TSP.
Title
Servicemember Retirement Improvement Act
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-03-02 | House | Referred to the House Committee on Ways and Means. |
| 2017-03-02 | House | Introduced in House |
Same As/Similar To
SB492 (Same As) 2017-03-02 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1580)
Subjects
Employee benefits and pensions
Government employee pay, benefits, personnel management
Income tax deferral
Military personnel and dependents
National Guard and reserves
Taxation
Government employee pay, benefits, personnel management
Income tax deferral
Military personnel and dependents
National Guard and reserves
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/house-bill/1317/all-info |
| Text | https://www.congress.gov/115/bills/hr1317/BILLS-115hr1317ih.pdf |
