Financial Security Credit Act of 2015

Summary

Financial Security Credit Act of 2015 This bill amends the Internal Revenue Code to allow an income-based tax credit equal to the lesser of $500 or 50% of the total amount deposited or contributed into designated savings products in a taxable year (financial security credit). A "designated savings product" is a qualified retirement plan, a qualified tuition plan, a Coverdell education savings account, a U.S. savings bond, a certificate of deposit with a duration of at least eight months, a savings account, or other savings product considered appropriate by the Department of the Treasury. The Internal Revenue Service must notify individual taxpayers who may qualify for a financial security credit that they have the option of an electronic direct deposit if they deposit any portion of their tax refund into a designated savings product.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 10 December 2015

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 10 December 2015

   Introduced

   Introduced in House

   Source: IntroReferral

3. 10 December 2015

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 10 December 2015 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 10 December 2015

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 10 December 2015

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 10 December 2015

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Serrano, Jose E. [D-NY-15] · D · Sponsor
• Rep. Crowley, Joseph [D-NY-14] · D · Sponsor
• Rep. Ellison, Keith [D-MN-5] · D · Sponsor
• Rep. Hinojosa, Ruben [D-TX-15] · D · Sponsor
• Rep. Meng, Grace [D-NY-6] · D · Sponsor
• Rescom. Pierluisi, Pedro R. [D-PR-At Large] · D · Sponsor
• Rep. Cartwright, Matt [D-PA-17] · D · Sponsor
• Rep. Nolan, Richard M. [D-MN-8] · D · Sponsor
• Rep. DeLauro, Rosa L. [D-CT-3] · D · Sponsor
• Rep. Vargas, Juan [D-CA-52] · D · Sponsor
• Rep. Roybal-Allard, Lucille [D-CA-40] · D · Sponsor
• Rep. Lujan Grisham, Michelle [D-NM-1] · D · Sponsor
• Sen. Luján, Ben Ray [D-NM] · D · Sponsor
• Rep. Jeffries, Hakeem S. [D-NY-8] · D · Sponsor
• Rep. Clarke, Yvette D. [D-NY-9] · D · Sponsor
• Rep. Velázquez, Nydia M. [D-NY-7] · D · Sponsor
• Rep. Hastings, Alcee L. [D-FL-20] · D · Sponsor
• Rep. Richmond, Cedric L. [D-LA-2] · D · Cosponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.