H.R. 6472 · 112th Congress
Savings for American Families' Future Act of 2012
- Stage
- In committee
- Sponsor
- Richard Neal
- Introduced
- 2012-09-20
- Latest action
- 2012-09-20 · Introduced in House
Summary
Savings for American Families' Future Act of 2012 - Amends the Internal Revenue Code to: (1) increase the rate of the tax credit for retirement savings contributions, (2) make such credit refundable, and (3) direct the Secretary of the Treasury to pay matching credit amounts into taxpayer retirement accounts.