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HR 6738 United States House · 117th Congress

Retirement Tax Credit Parity for Cooperatives and Charities Act

Summary
Retirement Tax Credit Parity for Cooperatives and Charities Act This bill allows an individual taxpayer who is eligible to participate in in a CSEC defined contribution pension plan a new tax credit for 10% of employer retirement savings contributions not exceeding $1,000 in a taxable year.
Issues: ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for retirement savings, providing tax relief to eligible individuals and promoting retirement savings through fiscal policy.90% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2022
Committee Review
Floor Vote
President
Introduced Feb 15, 2022 Last action Feb 15, 2022
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Feb 15, 2022
Committee
Referred to the House Committee on Ways and Means.
lower
Feb 15, 2022
Introduced
Introduced in House
lower
1 primary · 15 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Ron Kind
Ron Kind
DDemocratic
WI
3
Co
Photo of Alma S. Adams
Alma S. Adams
DDemocratic
NC
12
Co
Photo of Bill Johnson
Bill Johnson
RRepublican
OH
6
Co
Photo of Brian K. Fitzpatrick
Brian K. Fitzpatrick
RRepublican
PA
1
Co
Photo of David B. McKinley
David B. McKinley
RRepublican
WV
1
Co
Photo of David Schweikert
David Schweikert
RRepublican
AZ
1
Co
Photo of Donald M. Payne, Jr.
Donald M. Payne, Jr.
DDemocratic
NJ
10
Co
Photo of Earl L. "Buddy" Carter
Earl L. "Buddy" Carter
RRepublican
GA
1
Co
Photo of Elaine G. Luria
Elaine G. Luria
DDemocratic
VA
2
Co
Photo of G. K. Butterfield
G. K. Butterfield
DDemocratic
NC
1
Co
Photo of Gerald E. Connolly
Gerald E. Connolly
DDemocratic
VA
11