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Encouraging Americans to Save Act
Legislative Progress
Momentum (last 30 days)
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0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
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vs 3,548 other S bills in the 114th — cohort avg 43d
Encouraging Americans to Save Act This bill amends the Internal Revenue Code to expand the tax credit for retirement savings contributions to: (1) make such credit refundable; (2) allow individual taxpayers (excluding dependents and full-time students) who have attained age 18 as of the close of the taxable year a credit for 50% of their retirement savings contributions up to $1,000; (3) increase the maximum income threshold for determining eligibility for the credit; and (4) allow direct deposit of credit amounts into the taxpayer's retirement savings vehicle (e.g., MyRA or Roth IRA account). The Department of the Treasury shall educate taxpayers on the benefits of the credit for retirement savings contributions.
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Filing registrants (2)
2016 · fourth_quarter · Retirement
S. 245, Automatic IRA Act of 2015 S. 324, SEAL Act S. 266, Retirement Security Act of 2015 - S. 1317 Lifetime Income Disclosure Act - S. 2110 - Womans Pension Protection Act of 2015 S. 2492 - Encouraging Americans to Save Act S. 3078 - Retirement Savings Lost and Found Act of 2016 S. 3240 - Pension and Budget Integrity Act of 2016 S. 3307 - A bill to amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to avoid duplicative annual reporting, and for other purposes S. 3338 - Small Business Employee Retirement Savings Act of 2016 S. 3417 - Receiving Electronic Statements to Improve Retiree Earnings Act - S. 3471 - Retirement Enhancement and Savings Act of 2016 - H.R. 2029 - Consolidated Appropriations Act, 2016 - H.R. 4236 - Financial Security Credit Act of 2015 - H.R. 4294 - Strengthening Access to Valuable Education and Retirement Support Act of 2015 - H.R. 4293 - Affordable Retirement Advice Protection Act H.R. 506, Automatic IRA Act of 2015 H.R. 577, Retirement Security Act of 2015 H.R. 1090, Retail Investor Protection Act (Wagner) - H.R. 2317 Lifetime Income Disclosure Act - H.R. 2656, Receiving Electronic Statements to Improve Retiree Earnings Act - H.R. 4955 - Pension and Budget Integrity Act of 2016 - H.R. 4067 - Small Businesses Add Value for Employees (SAVE) Act of 2015 - H.R. 5731 - Secure, Accessible, Valuable, Efficient Universal Pension (SAVE UP) Accounts Act - H.R. 5805 - Retirement Savings Lost and Found Act of 2016
Read twice and referred to the Committee on Finance.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $114,533 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC)
2016 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 529 - To amend the Internal Revenue Code of 1986 to improve 529 plans; entire bill H.R. 879 - Ax the Tax on Middle Class Americans Health Plans Act; entire bill H.R. 1270 - Restoring Access to Medication and Improving Health Savings Act of 2016; provisions relating to HSAs and FSAs H.R. 2483 - Independent Contractor Tax Fairness and Simplification Act of 2015; entire bill H.R. 4094 - Universal Savings Account Act; entire bill H.R. 4377 - American Business Competitiveness Act of 2015; entire bill H.R. 4469 - Health Savings Act of 2016; entire bill H.R. 4794 - ABLE Financial Planning Act; entire bill H.R. 4491 - MyRA Act; entire bill H.R. 5261 - Protecting the U.S. Corporate Tax Base Act of 2016; entire bill H.R. 5973 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes; entire bill H.R. 6126 - Corporate Transparency and Accountability Act; entire bill S. 335 - To amend the Internal Revenue Code of 1986 to improve 529 plans; entire bill S. 2492 - Encouraging Americans to Save Act; entire bill S. 2499 - Health Savings Act of 2016; entire bill S. 2703 - ABLE Financial Planning Act; entire bill S. 3338 - Small Business Employee Retirement Savings Act; entire bill S. 3471 - Retirement Enhancement and Savings Act (RESA); entire bill Not Yet Introduced: Original Bill to Prevent Identity Theft and Tax Refund Fraud Tax reform discussions relating to life insurers and insurance product taxation, property casualty insurance taxation, savings incentives (both qualified and non-qualified), long-term capital investment, municipal bond interest exclusion, corporate tax rate, corporate business deductions, international corporate taxation, and employee benefits, as well as discussions on tax extenders Not Yet Introduced: Modernization of Derivatives Tax Act of 2016 - Senator Ron Wyden Tax Discussion Draft Not Yet Introduced: Senator Orrin Hatchs corporate integration plan Proposed Treasury regulations under Section 385 relating to debt/equity regs effect on ordinary course of business transactions GOP Blueprint for Tax Reform: provisions relating to individual tax rates, corporate tax rates, charitable contribution deductions, retirement savings incentives, municipal bond interest exemption Not Yet Introduced: Retirement Improvements and Savings Enhancements (RISE) Act Chairmans Mark: Retirement and Enhancement Savings Act of 2016; provisions relating to open MEPs, annuity selection safe harbor, LIDA and lifetime income portability, and Stretch IRAs
Client expense: $770,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Taxation/Internal Revenue Code
H.R. 529 - To amend the Internal Revenue Code of 1986 to improve 529 plans; entire bill H.R. 879 - Ax the Tax on Middle Class Americans Health Plans Act; entire bill H.R. 1270 - Restoring Access to Medication and Improving Health Savings Act of 2016; provisions relating to HSAs and FSAs H.R. 2483 - Independent Contractor Tax Fairness and Simplification Act of 2015; entire bill H.R. 4094 - Universal Savings Account Act; entire bill H.R. 4377 - American Business Competitiveness Act of 2015; entire bill H.R. 4469 - Health Savings Act of 2016; entire bill H.R. 4794 - ABLE Financial Planning Act; entire bill H.R. 4491 - MyRA Act; entire bill H.R. 5261 - Protecting the U.S. Corporate Tax Base Act of 2016; entire bill H.R. 5973 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes; entire bill H.R. 6126 - Corporate Transparency and Accountability Act; entire bill S. 335 - To amend the Internal Revenue Code of 1986 to improve 529 plans; entire bill S. 2492 - Encouraging Americans to Save Act; entire bill S. 2499 - Health Savings Act of 2016; entire bill S. 2703 - ABLE Financial Planning Act; entire bill S. 3338 - Small Business Employee Retirement Savings Act; entire bill Not Yet Introduced: Original Bill to Prevent Identity Theft and Tax Refund Fraud Tax reform discussions relating to life insurers and insurance product taxation, property casualty insurance taxation, savings incentives (both qualified and non-qualified), long-term capital investment, municipal bond interest exclusion, corporate tax rate, corporate business deductions, international corporate taxation, and employee benefits, as well as discussions on tax extenders Not Yet Introduced: Modernization of Derivatives Tax Act of 2016 - Senator Ron Wyden Tax Discussion Draft Not Yet Introduced: Senator Orrin Hatchs corporate integration plan Proposed Treasury regulations under Section 385 relating to debt/equity regs effect on ordinary course of business transactions GOP Blueprint for Tax Reform: provisions relating to individual tax rates, corporate tax rates, charitable contribution deductions, retirement savings incentives, estate taxes, AMT Not Yet Introduced: Retirement Improvements and Savings Enhancements (RISE) Act Chairmans Mark: Retirement and Enhancement Savings Act of 2016; provisions relating to open MEPs, annuity selection safe harbor, LIDA and lifetime income portability, and Stretch IRAs
Client expense: $560,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Retirement
S. 245, Automatic IRA Act of 2015 S. 324, SEAL Act S. 266, Retirement Security Act of 2015 - S. 1317 Lifetime Income Disclosure Act - S. 2110 - Womans Pension Protection Act of 2015 S. 2492 - Encouraging Americans to Save Act S. 3078 - Retirement Savings Lost and Found Act of 2016 S. 3240 - Pension and Budget Integrity Act of 2016 S. 3307 - A bill to amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to avoid duplicative annual reporting, and for other purposes S. 3338 - Small Business Employee Retirement Savings Act of 2016 S. 3417 - Receiving Electronic Statements to Improve Retiree Earnings Act - H.R. 2029 - Consolidated Appropriations Act, 2016 - H.R. 4236 - Financial Security Credit Act of 2015 - H.R. 4294 - Strengthening Access to Valuable Education and Retirement Support Act of 2015 - H.R. 4293 - Affordable Retirement Advice Protection Act H.R. 506, Automatic IRA Act of 2015 H.R. 577, Retirement Security Act of 2015 H.R. 1090, Retail Investor Protection Act (Wagner) - H.R. 2317 Lifetime Income Disclosure Act - H.R. 2656, Receiving Electronic Statements to Improve Retiree Earnings Act - H.R. 4955 - Pension and Budget Integrity Act of 2016
Client expense: $89,072 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC)
2016 · second_quarter · Taxation/Internal Revenue Code
H.R. 529 - To amend the Internal Revenue Code of 1986 to improve 529 plans; entire bill H.R. 879 - Ax the Tax on Middle Class Americans Health Plans Act; entire bill H.R. 1270 - Restoring Access to Medication and Improving Health Savings Act of 2016; provisions relating to HSAs and FSAs H.R. 2483 - Independent Contractor Tax Fairness and Simplification Act of 2015; entire bill H.R. 4094 - Universal Savings Account Act; entire bill H.R. 4377 - American Business Competitiveness Act of 2015; entire bill H.R. 4469 - Health Savings Act of 2016; entire bill H.R. 4794 - ABLE Financial Planning Act; entire bill H.R. 4491 - MyRA Act; entire bill H.R. 5261 - Protecting the U.S. Corporate Tax Base Act of 2016; entire bill S. 335 - To amend the Internal Revenue Code of 1986 to improve 529 plans; entire bill S. 2492 - Encouraging Americans to Save Act; entire bill S. 2499 - Health Savings Act of 2016; entire bill S. 2703 - ABLE Financial Planning Act; entire bill Not Yet Introduced: Original Bill to Prevent Identity Theft and Tax Refund Fraud Tax reform discussions relating to life insurers and insurance product taxation, property casualty insurance taxation, savings incentives (both qualified and non-qualified), long-term capital investment, municipal bond interest exclusion, corporate tax rate, corporate business deductions, international corporate taxation, and employee benefits, as well as discussions on tax extenders Not Yet Introduced: Senator Ron Wyden Tax Draft Not Yet Introduced: Senator Orrin Hatch corporate integration plan Proposed Treasury regulations under Section 385 relating to debt/equity regs effect on ordinary course of business transactions GOP Blueprint for Tax Reform: provisions relating to individual tax rates, corporate tax rates, charitable contribution deductions, retirement savings incentives, estate taxes, AMT
Client expense: $430,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · first_quarter · Taxation/Internal Revenue Code
H.R. 529 - To amend the Internal Revenue Code of 1986 to improve 529 plans; entire bill H.R. 879 - Ax the Tax on Middle Class Americans Health Plans Act; entire bill H.R. 2029 - Consolidated Appropriations Act, 2016; provisions relating to distributions from individual retirement accounts for charitable purposes, individual retirement account limits H.R. 2483 - Independent Contractor Tax Fairness and Simplification Act of 2015; entire bill H.R. 4377 - American Business Competitiveness Act of 2015; entire bill H.R. 4469 - Health Savings Act of 2016; entire bill H.R. 4794 - ABLE Financial Planning Act; entire bill H.R. 4491 - MyRA Act; entire bill S. 335 - To amend the Internal Revenue Code of 1986 to improve 529 plans; entire bill S. 2492 - Encouraging Americans to Save Act; entire bill S. 2499 - Health Savings Act of 2016; entire bill S. 2703 - ABLE Financial Planning Act; entire bill Not Yet Introduced: Original Bill to Prevent Identity Theft and Tax Refund Fraud Tax reform discussions relating to life insurers and insurance product taxation, property casualty insurance taxation, savings incentives (both qualified and non-qualified), long-term capital investment, municipal bond interest exclusion, corporate tax rate, corporate business deductions, international corporate taxation, and employee benefits, as well as discussions on tax extenders
Client expense: $540,000 · Firm income: Not reported
| Democratic |
| PA |
| Sherrod Brown | Democratic | OH |
Government targets: HOUSE OF REPRESENTATIVES, SENATE