legislation: 111-hr-6321

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
111-hr-6321 111 hr 6321 K-IRA Act Taxation 2010-09-29 2010-09-29 Referred to the House Committee on Ways and Means. House Rep. Critz, Mark S. [D-PA-12] PA D C001081 3 Kids IRA Act of 2010 or the K-IRA Act - Amends the Internal Revenue Code to establish a tax-exempt individual retirement account for taxpayers under age 26, to be known as a young savers account. Treats such accounts as Roth individual retirement accounts for income tax purposes. Allows an income-based tax deduction for contributions to such accounts, up to $5,000 in any taxable year. 2023-01-11T13:21:31Z  

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