United States · Bill · HR
H.R. 1083 (115th)
American Savings Account Act of 2017
Introduced
15 February 2017
Last action
15 February 2017 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Rep. Huffman, Jared [D-CA-2], Rep. Bonamici, Suzanne [D-OR-1], Rep. Lofgren, Zoe [D-CA-18], Rep. Napolitano, Grace F. [D-CA-32], Rep. Garamendi, John [D-CA-8], Rep. Lee, Barbara [D-CA-12], Rep. Thompson, Mike [D-CA-4], Rep. Vargas, Juan [D-CA-52], Rep. Lieu, Ted [D-CA-36], Rep. Takano, Mark [D-CA-39], Rep. Meeks, Gregory W. [D-NY-5], Rep. Conyers, John, Jr. [D-MI-13], Rep. DeLauro, Rosa L. [D-CT-3], Rep. Brownley, Julia [D-CA-26], Rep. Moore, Gwen [D-WI-4], Rep. DeSaulnier, Mark [D-CA-10], Rep. Barragán, Nanette Diaz [D-CA-44], Rep. Capuano, Michael E. [D-MA-8], Rep. Cárdenas, Tony [D-CA-29], Rep. Ellison, Keith [D-MN-5]
Subjects
Taxation
Source updated
11 August 2025
Summary
American Savings Account Act of 2017 This bill amends the Internal Revenue Code to establish a new retirement option for all employees and self-employed individuals to be known as the American Savings Account Fund. This fund operates in a manner similar to the Thrift Savings Fund, which is available to federal employees. The bill establishes an American Savings Account Board of Directors to establish policies for fund investment and management. The board shall select or establish a list of investment funds and options similar to those in the Thrift Savings Fund, among which participants may choose. The board shall establish an American Savings Account Fund Advisory Council to advise the board on matters relating to investment policies. The American Savings Account Fund is tax-exempt and contributions to, or distributions from, it are excludible from gross income.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
15 February 2017
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
15 February 2017
Introduced
Introduced in House
Source: IntroReferral
15 February 2017
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 15 February 2017 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 15 February 2017
Introduced in House (PDF)
Introduced in House · EN · 15 February 2017
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Introduced in House
summary · EN · 15 February 2017
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Huffman, Jared [D-CA-2] · D · Sponsor
- Rep. Bonamici, Suzanne [D-OR-1] · D · Sponsor
- Rep. Lofgren, Zoe [D-CA-18] · D · Sponsor
- Rep. Napolitano, Grace F. [D-CA-32] · D · Sponsor
- Rep. Garamendi, John [D-CA-8] · D · Sponsor
- Rep. Lee, Barbara [D-CA-12] · D · Sponsor
- Rep. Thompson, Mike [D-CA-4] · D · Sponsor
- Rep. Vargas, Juan [D-CA-52] · D · Sponsor
- Rep. Lieu, Ted [D-CA-36] · D · Sponsor
- Rep. Takano, Mark [D-CA-39] · D · Sponsor
- Rep. Meeks, Gregory W. [D-NY-5] · D · Sponsor
- Rep. Conyers, John, Jr. [D-MI-13] · D · Sponsor
- Rep. DeLauro, Rosa L. [D-CT-3] · D · Cosponsor
- Rep. Brownley, Julia [D-CA-26] · D · Cosponsor
- Rep. Moore, Gwen [D-WI-4] · D · Cosponsor
- Rep. DeSaulnier, Mark [D-CA-10] · D · Cosponsor
- Rep. Barragán, Nanette Diaz [D-CA-44] · D · Cosponsor
- Rep. Capuano, Michael E. [D-MA-8] · D · Cosponsor
- Rep. Cárdenas, Tony [D-CA-29] · D · Cosponsor
- Rep. Ellison, Keith [D-MN-5] · D · Cosponsor
- · hswm00 · Standing
Related records
- related to ← American Savings Act
- related to ← American Savings Account Act of 2016
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/115th-congress/house-bill/1083
- Open data entity: https://api.congress.gov/v3/bill/115/hr/1083
- us · 115-hr-1083 · source updated 11 August 2025