United States · Bill · S
S. 1272 (117th)
SIMPLE Plan Modernization Act
Introduced
21 April 2021
Last action
21 April 2021 · Introduced
Status
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2125-2126; text: CR S2125-2126)
Sponsors
Sen. Collins, Susan M. [R-ME], Sen. Warner, Mark R. [D-VA]
Subjects
Taxation
Source updated
7 April 2025
Summary
SIMPLE Plan Modernization Act This bill modifies the requirements for SIMPLE (Savings Incentive Match Plan for Employees) Individual Retirement Accounts (IRAs), which are tax-favored retirement accounts that small businesses may provide to employees. The bill increases the contribution limits for certain SIMPLE IRAs and modifies the requirements for replacing SIMPLE IRAs with 401(k) plans.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
21 April 2021
Introduced
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2125-2126; text: CR S2125-2126)
Source: IntroReferral
21 April 2021
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 21 April 2021 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 21 April 2021
Introduced in Senate (PDF)
Introduced in Senate · EN · 21 April 2021
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Introduced in Senate
summary · EN · 21 April 2021
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Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Collins, Susan M. [R-ME] · R · Sponsor
- Sen. Warner, Mark R. [D-VA] · D · Sponsor
- · ssfi00 · Standing
Related records
- related to ← EARN Act
- related to ← SIMPLE Plan Modernization Act
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/1272
- Open data entity: https://api.congress.gov/v3/bill/117/s/1272
- us · 117-s-1272 · source updated 7 April 2025