United States · Bill · HR
H.R. 2163 (110th)
Kids Invest and Develop Savings Act of 2007
Introduced
3 May 2007
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
14 August 2025
Summary
Kids Invest and Develop Savings Act of 2007 - Amends the Internal Revenue Code to: (1) increase the allowable amount of the tax credit for retirement savings; (2) expand eligibility for such credit to taxpayers with adjusted gross incomes up to $95,000 ($150,000 for joint returns); (3) establish tax-exempt Roth individual retirement accounts (IRAs) for individuals under the age of 25; and (4) allow a tax credit for contributions to such IRAs.
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 3 May 2007
Introduced in House (PDF)
Introduced in House · EN · 3 May 2007
Introduced in House
summary · EN · 3 May 2007
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/110th-congress/house-bill/2163
- Open data entity: https://api.congress.gov/v3/bill/110/hr/2163