Savings and Capital Formation Act of 1989

Summary

Savings and Capital Formation Act of 1989 - Amends the Internal Revenue Code to allow a tax credit of 15 percent of the qualified retirement contributions to an individual retirement plan. Provides a partial tax exclusion of dividends and interest received by individuals.

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Timeline

1. 7 September 1989

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 7 September 1989

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · — · Download file

Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 7 September 1989

  Open at official source

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Sponsors

• Sen. Dodd, Christopher J. [D-CT] · D · Sponsor
• Sen. D'Amato, Alfonse [R-NY] · R · Sponsor
• · ssfi00 · Standing

Related records

• related to → Savings and Capital Formation Act of 1989