H.R. 527 · 110th Congress
Better Future for American Families Act
- Stage
- In committee
- Sponsor
- John Larson
- Introduced
- 2007-01-17
- Latest action
- 2007-01-17 · Introduced in House
Summary
Better Future for American Families Act - Amends the Internal Revenue Code to rename the tax credit for elective deferrals and IRA contributions as the saver's credit. Revises the applicable percentage and phaseout formula for calculating the credit and makes such credit refundable.