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H.R. 3050

Referred to Committee

To amend the Internal Revenue Code of 1986 to allow rollovers from other retirement plans into simple retirement accounts.

Introduced 7/14/2015•114th Congress•House

Latest Action

Referred to the House Committee on Ways and Means.

7/14/2015 • House

Summary

Amends the Internal Revenue Code to allow tax-free rollovers from tax-exempt retirement plans, annuities, and deferred compensation plans into a simple individual retirement account.

Introduced in House • 7/14/2015

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Topics & Subjects

Policy Area: Taxation
Employee benefits and pensionsIncome tax exclusion

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

1
Democrats
1
Republicans
0
Independents

Sponsor

R[
Rep. Foxx, Virginia [R-NC-5]

Republican • NC-5

Sponsored 7/14/2015

Cosponsors (1)

R[
Rep. Larson, John B. [D-CT-1]

D-CT-1

Joined 7/14/2015

Bill Journey

Originated in the House

Introduced

July 14, 2015

Referred to the House Committee on Ways and Means.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in House7/14/2015

Details

Bill TypeHR
Current StatusReferred to Committee
Cosponsors1