H.R. 6738 · 117th Congress

Retirement Tax Credit Parity for Cooperatives and Charities Act

Stage
In committee
Sponsor
Ron Kind
Introduced
2022-02-15
Latest action
2022-02-15 · Introduced in House

Summary

Retirement Tax Credit Parity for Cooperatives and Charities Act

This bill allows an individual taxpayer who is eligible to participate in in a CSEC defined contribution pension plan a new tax credit for 10% of employer retirement savings contributions not exceeding $1,000 in a taxable year.