S. 1379
Referred to CommitteeGraduate Student Savings Act of 2017
Latest Action
Read twice and referred to the Committee on Finance.
6/19/2017 • Senate
Summary
Graduate Student Savings Act of 2017
This bill amends the Internal Revenue Code to allow funds paid to an individual to aid in the pursuit of graduate or postdoctoral study or research to be saved in an Individual Retirement Account (IRA). The bill permits the funds to be considered compensation for purposes of current law provisions that limit annual deductible IRA contributions to the lesser of: (1) the deductible amount permitted under current law, or (2) the compensation includible in the individual's gross income for the year.
Introduced in Senate • 6/19/2017
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (5)
Party Breakdown
Sponsor
Cosponsors (4)
Bill Journey
Originated in the Senate
Introduced
June 19, 2017
Read twice and referred to the Committee on Finance.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Related Bills (5)
H.R. 6757
Family Savings Act of 2018
S. 2526
Retirement Enhancement and Savings Act of 2018
S. 3025
Graduate Student Savings Act of 2016
S. 448
Graduate Student Savings Act of 2019
H.R. 3136
Graduate Student Savings Act of 2017