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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (3)

Popular Titles

Individual Retirement Accounts bill (Identified by CRS)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Savings and Investment Incentive Act of 1991

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Internal Revenue Code of 1986 to encourage savings and investment through individual retirement accounts, and for other purposes.


Actions Overview (1)

Date
03/12/1991Introduced in House

All Actions (2)

Date
03/12/1991Referred to the House Committee on Ways and Means.
Action By: House of Representatives
03/12/1991Introduced in House
Action By: House of Representatives

Cosponsors (269)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Thomas, William M. [R-CA-20]* 03/12/1991
Rep. Andrews, Michael [D-TX-25]* 03/12/1991
Rep. Schulze, Richard T. [R-PA-5]* 03/12/1991
Rep. Mazzoli, Romano L. [D-KY-3]* 03/12/1991
Rep. Poshard, Glenn [D-IL-22] 03/22/1991
Rep. Gordon, Bart [D-TN-6] 03/22/1991
Rep. Ramstad, Jim [R-MN-3] 03/22/1991
Rep. Costello, Jerry F. [D-IL-21] 03/22/1991
Rep. Cunningham, Randy (Duke) [R-CA-44] 03/22/1991
Rep. Jones, Ben [D-GA-4] 03/22/1991
Rep. Rohrabacher, Dana [R-CA-42] 03/22/1991
Rep. Lagomarsino, Robert J. [R-CA-19] 03/22/1991
Rep. Fascell, Dante B. [D-FL-19] 03/22/1991
Rep. Lightfoot, Jim [R-IA-5] 03/22/1991
Rep. Combest, Larry [R-TX-19] 03/22/1991
Rep. Kyl, Jon [R-AZ-4] 03/22/1991
Rep. Tallon, Robert M. (Robin) [D-SC-6] 03/22/1991
Rep. Henry, Paul B. [R-MI-5] 03/22/1991
Rep. Chapman, Jim [D-TX-1] 03/22/1991
Rep. Feighan, Edward F. [D-OH-19] 03/22/1991
Rep. Livingston, Bob [R-LA-1] 03/22/1991
Rep. Gibbons, Sam [D-FL-7] 03/22/1991
Rep. Goss, Porter J. [R-FL-13] 03/22/1991
Rep. Ireland, Andrew P. [R-FL-10] 03/22/1991
Rep. Horton, Frank J. [R-NY-29] 03/22/1991
Rep. Vucanovich, Barbara F. [R-NV-2] 03/22/1991
Rep. Fazio, Vic [D-CA-4] 03/22/1991
Rep. Thomas, Lindsay [D-GA-1] 03/22/1991
Rep. Andrews, Robert E. [D-NJ-1] 03/22/1991
Rep. Allard, Wayne [R-CO-4] 03/22/1991
Rep. Zimmer, Dick [R-NJ-12] 03/22/1991
Rep. Hefner, W. G. (Bill) [D-NC-8] 03/22/1991
Rep. Roth, Toby [R-WI-8] 03/22/1991
Rep. Martinez, Matthew G. [D-CA-30] 03/22/1991
Rep. Doolittle, John T. [R-CA-14] 03/22/1991
Rep. Wilson, Charles [D-TX-2] 03/22/1991
Rep. Mineta, Norman Y. [D-CA-13] 03/22/1991
Rep. Smith, Lamar [R-TX-21] 03/22/1991
Rep. Lloyd, Marilyn [D-TN-3] 03/22/1991
Rep. Johnson, Tim [D-SD-At Large] 03/22/1991
Rep. Quillen, James H. (Jimmy) [R-TN-1] 03/22/1991
Rep. de Lugo, Ron [D-VI-At Large] 03/22/1991
Rep. Sikorski, Gerry E. [D-MN-6] 03/22/1991
Rep. Synar, Mike [D-OK-2] 03/22/1991
Rep. Davis, Robert W. [R-MI-11] 03/22/1991
Rep. Brooks, Jack B. [D-TX-9] 03/22/1991
Rep. Geren, Pete [D-TX-12] 03/22/1991
Rep. Sarpalius, Bill [D-TX-13] 03/22/1991
Rep. Carr, Bob [D-MI-6] 03/22/1991
Rep. Ortiz, Solomon P. [D-TX-27] 03/22/1991
Rep. Durbin, Richard J. [D-IL-20] 03/22/1991
Rep. Richardson, Bill [D-NM-3] 03/22/1991
Rep. Lent, Norman F. [R-NY-4] 03/22/1991
Rep. Oxley, Michael G. [R-OH-4] 03/22/1991
Rep. Laughlin, Greg [D-TX-14] 03/22/1991
Rep. Johnson, Nancy L. [R-CT-6] 03/22/1991
Rep. Parker, Mike [D-MS-4] 03/22/1991
Rep. Bevill, Tom [D-AL-4] 03/22/1991
Rep. Jefferson, William J. [D-LA-2] 03/22/1991
Rep. Moorhead, Carlos J. [R-CA-22] 03/22/1991
Rep. Stearns, Cliff [R-FL-6] 03/22/1991
Rep. Walsh, James T. [R-NY-27] 03/22/1991
Rep. Dannemeyer, William E. [R-CA-39] 03/22/1991
Rep. Machtley, Ronald K. [R-RI-1] 03/22/1991
Rep. Hall, Ralph M. [D-TX-4] 03/22/1991
Rep. Murtha, John P. [D-PA-12] 03/22/1991
Rep. Payne, Donald M. [D-NJ-10] 03/22/1991
Rep. Huckaby, Thomas J. (Jerry) [D-LA-5] 04/11/1991
Rep. Erdreich, Ben [D-AL-6] 04/11/1991
Rep. Swift, Al [D-WA-2] 04/11/1991
Rep. Porter, John Edward [R-IL-10] 04/11/1991
Rep. Roe, Robert A. [D-NJ-8] 04/11/1991
Rep. Orton, Bill [D-UT-3] 04/11/1991
Rep. Hansen, James V. [R-UT-1] 04/11/1991
Rep. Espy, Mike [D-MS-2] 04/11/1991
Rep. Tauzin, W. J. (Billy) [D-LA-3] 04/11/1991
Rep. Gallegly, Elton [R-CA-21] 04/11/1991
Rep. Schiff, Steven [R-NM-1] 04/11/1991
Rep. Rhodes, John J., III [R-AZ-1] 04/11/1991
Rep. Bacchus, Jim [D-FL-11] 04/11/1991
Rep. Emerson, Bill [R-MO-8] 04/11/1991
Rep. Young, Don [R-AK-At Large] 04/11/1991
Rep. Hertel, Dennis M. [D-MI-14] 04/11/1991
Rep. Kildee, Dale E. [D-MI-7] 04/11/1991
Rep. Bilbray, James H. [D-NV-1] 04/11/1991
Rep. Shays, Christopher [R-CT-4] 04/11/1991
Rep. Kolter, Joseph P. [D-PA-4] 04/11/1991
Rep. Owens, Wayne [D-UT-2] 04/11/1991
Rep. Bryant, John W. [D-TX-5] 04/11/1991
Rep. Hutto, Earl [D-FL-1] 04/11/1991
Rep. McMillen, Thomas [D-MD-4] 04/11/1991
Rep. Dwyer, Bernard J. [D-NJ-6] 04/11/1991
Rep. Eckart, Dennis E. [D-OH-11] 04/11/1991
Rep. Smith, Christopher H. [R-NJ-4] 04/11/1991
Rep. Lewis, Jerry [R-CA-35] 04/11/1991
Rep. Gejdenson, Sam [D-CT-2] 04/17/1991
Rep. Lowey, Nita M. [D-NY-20] 04/17/1991
Rep. Campbell, Ben Nighthorse [D-CO-3] 04/17/1991
Rep. Bonior, David E. [D-MI-12] 04/17/1991
Rep. Unsoeld, Jolene [D-WA-3] 04/17/1991
Rep. Abercrombie, Neil [D-HI-1] 04/17/1991
Rep. Crane, Philip M. [R-IL-12] 04/17/1991
Rep. Dreier, David [R-CA-33] 04/17/1991
Rep. Fields, Jack [R-TX-8] 04/17/1991
Rep. Saxton, Jim [R-NJ-13] 04/17/1991
Rep. Inhofe, James M. [R-OK-1] 04/17/1991
Rep. Wise, Robert E., Jr. [D-WV-3] 04/17/1991
Rep. Herger, Wally [R-CA-2] 04/17/1991
Rep. Schaefer, Dan [R-CO-6] 05/02/1991
Rep. Hyde, Henry J. [R-IL-6] 05/02/1991
Rep. Anderson, Glenn M. [D-CA-32] 05/02/1991
Rep. Schumer, Charles E. [D-NY-10] 05/02/1991
Rep. Cox, Christopher [R-CA-40] 05/02/1991
Rep. Dicks, Norman D. [D-WA-6] 05/02/1991
Rep. Valentine, Tim [D-NC-2] 05/02/1991
Rep. Campbell, Tom [R-CA-12] 05/02/1991
Rep. Miller, John R. [R-WA-1] 05/02/1991
Rep. Burton, Dan [R-IN-6] 05/02/1991
Rep. Mollohan, Alan B. [D-WV-1] 05/02/1991
Rep. Gallo, Dean A. [R-NJ-11] 05/02/1991
Rep. LaFalce, John J. [D-NY-32] 05/02/1991
Rep. Andrews, Thomas H. [D-ME-1] 05/02/1991
Rep. McDade, Joseph M. [R-PA-10] 05/02/1991
Rep. Luken, Charles [D-OH-1] 05/02/1991
Rep. Lewis, John [D-GA-5] 05/02/1991
Rep. Williams, Pat [D-MT-1] 05/02/1991
Rep. Ritter, Don [R-PA-15] 05/02/1991
Rep. Rinaldo, Matthew J. [R-NJ-7] 05/02/1991
Rep. Hunter, Duncan [R-CA-45] 05/02/1991
Rep. Lantos, Tom [D-CA-11] 05/02/1991
Rep. Levine, Mel [D-CA-27] 05/02/1991
Rep. McCloskey, Frank [D-IN-8] 05/02/1991
Rep. Franks, Gary A. [R-CT-5] 05/02/1991
Rep. Martin, David O'B. [R-NY-26] 05/02/1991
Rep. McNulty, Michael R. [D-NY-23] 05/02/1991
Rep. Coleman, Ronald D. [D-TX-16] 05/16/1991
Rep. Barrett, Bill [R-NE-3] 05/16/1991
Rep. Mink, Patsy T. [D-HI-2] 05/16/1991
Rep. James, Craig T. [R-FL-4] 05/16/1991
Rep. Pallone, Frank, Jr. [D-NJ-3] 05/16/1991
Rep. Snowe, Olympia J. [R-ME-2] 05/16/1991
Rep. Coble, Howard [R-NC-6] 05/16/1991
Rep. Clinger, William F., Jr. [R-PA-23] 05/16/1991
Rep. Roemer, Tim [D-IN-3] 05/16/1991
Rep. Foglietta, Thomas M. [D-PA-1] 05/16/1991
Rep. Vander Jagt, Guy [R-MI-9] 05/16/1991
Rep. Armey, Richard K. [R-TX-26] 05/16/1991
Rep. Borski, Robert A. [D-PA-3] 05/16/1991
Rep. Brown, George E., Jr. [D-CA-36] 05/16/1991
Rep. Guarini, Frank J. [D-NJ-14] 05/16/1991
Rep. Long, Jill L. [D-IN-4] 06/04/1991
Rep. Sangmeister, George E. [D-IL-4] 06/04/1991
Rep. Ros-Lehtinen, Ileana [R-FL-18] 06/04/1991
Rep. Camp, Dave [R-MI-10] 06/04/1991
Rep. Kopetski, Mike [D-OR-5] 06/04/1991
Rep. Wolpe, Howard E. [D-MI-3] 06/04/1991
Rep. Walker, Robert S. [R-PA-16] 06/04/1991
Rep. Neal, Stephen L. [D-NC-5] 06/04/1991
Rep. Norton, Eleanor Holmes [D-DC-At Large] 06/04/1991
Rep. Ravenel, Arthur, Jr. [R-SC-1] 06/04/1991
Rep. Bustamante, Albert G. [D-TX-23] 06/04/1991
Rep. Tanner, John S. [D-TN-8] 06/04/1991
Rep. Slaughter, D. French, Jr. [R-VA-7] 06/11/1991
Rep. Dornan, Robert K. [R-CA-38] 06/11/1991
Rep. Hubbard, Carroll, Jr. [D-KY-1] 06/11/1991
Rep. Myers, John T. [R-IN-7] 06/11/1991
Rep. Barton, Joe [R-TX-6] 06/11/1991
Rep. Miller, Clarence E. [R-OH-10] 06/11/1991
Rep. Stump, Bob [R-AZ-3] 06/11/1991
Rep. Hastert, J. Dennis [R-IL-14] 06/11/1991
Rep. Hancock, Mel [R-MO-7] 06/11/1991
Rep. Edwards, Mickey [R-OK-5] 06/11/1991
Rep. Boehner, John A. [R-OH-8] 06/11/1991
Rep. Gingrich, Newt [R-GA-6] 06/11/1991
Rep. Baker, Richard H. [R-LA-6] 06/11/1991
Rep. Holloway, Clyde [R-LA-8] 06/11/1991
Rep. Ballenger, Cass [R-NC-10] 06/11/1991
Rep. Taylor, Charles H. [R-NC-11] 06/11/1991
Rep. Duncan, John J., Jr. [R-TN-2] 06/11/1991
Rep. Bateman, Herbert H. [R-VA-1] 06/11/1991
Rep. Rogers, Harold [R-KY-5] 06/11/1991
Rep. Skeen, Joe [R-NM-2] 06/12/1991
Rep. Bentley, Helen Delich [R-MD-2] 06/12/1991
Rep. Gilchrest, Wayne T. [R-MD-1] 06/12/1991
Rep. Hayes, James A. [D-LA-7] 06/12/1991
Rep. Chandler, Rod D. [R-WA-8] 06/12/1991
Rep. Mavroules, Nicholas [D-MA-6] 06/12/1991
Rep. Frost, Martin [D-TX-24] 06/12/1991
Rep. AuCoin, Les [D-OR-1] 06/12/1991
Rep. DeFazio, Peter A. [D-OR-4] 06/18/1991
Rep. LaRocco, Larry [D-ID-1] 06/18/1991
Rep. Rahall, Nick J., II [D-WV-4] 06/18/1991
Rep. Solomon, Gerald B. H. [R-NY-24] 06/18/1991
Rep. Bunning, Jim [R-KY-4] 06/18/1991
Rep. Bennett, Charles E. [D-FL-3] 06/18/1991
Rep. Jones, Walter B. [D-NC-1] 06/18/1991
Rep. Barnard, Doug, Jr. [D-GA-10] 06/18/1991
Rep. Shuster, Bud [R-PA-9] 06/18/1991
Rep. Weldon, Curt [R-PA-7] 06/18/1991
Rep. Kolbe, Jim [R-AZ-5] 06/18/1991
Rep. Jontz, Jim [D-IN-5] 06/18/1991
Rep. McEwen, Bob [R-OH-6] 06/18/1991
Rep. Riggs, Frank [R-CA-1] 06/18/1991
Rep. Collins, Barbara-Rose [D-MI-13] 06/18/1991
Rep. Moran, James P. [D-VA-8] 06/18/1991
Rep. Broomfield, William S. [R-MI-18] 06/20/1991
Rep. Swett, Dick [D-NH-2] 06/20/1991
Rep. Dixon, Julian C. [D-CA-28] 06/20/1991
Rep. Perkins, Carl C. [D-KY-7] 06/20/1991
Rep. Lowery, Bill [R-CA-41] 06/20/1991
Rep. Packard, Ron [R-CA-43] 06/20/1991
Rep. Gaydos, Joseph M. [D-PA-20] 06/20/1991
Rep. McCandless, Alfred A. (Al) [R-CA-37] 06/20/1991
Rep. Thomas, Craig [R-WY-At Large] 06/20/1991
Rep. Boxer, Barbara [D-CA-6] 06/20/1991
Rep. Stallings, Richard H. [D-ID-2] 06/20/1991
Rep. Callahan, Sonny [R-AL-1] 06/20/1991
Rep. Zeliff, William H., Jr. [R-NH-1] 06/20/1991
Rep. Mrazek, Robert J. [D-NY-3] 06/25/1991
Rep. Staggers, Harley O., Jr. [D-WV-2] 06/25/1991
Rep. Marlenee, Ron [R-MT-2] 06/25/1991
Rep. Morrison, Sid [R-WA-4] 06/25/1991
Rep. Hobson, David L. [R-OH-7] 06/25/1991
Rep. Young, C. W. Bill [R-FL-8] 06/25/1991
Rep. Shaw, E. Clay, Jr. [R-FL-15] 06/25/1991
Rep. Fish, Hamilton, Jr. [R-NY-21] 06/25/1991
Rep. Natcher, William H. [D-KY-2] 06/25/1991
Rep. Oakar, Mary Rose [D-OH-20] 06/25/1991
Rep. Kostmayer, Peter H. [D-PA-8] 06/25/1991
Rep. Murphy, Austin J. [D-PA-22] 06/25/1991
Rep. Cramer, Robert E. (Bud), Jr. [D-AL-5] 06/26/1991
Rep. Edwards, Chet [D-TX-11] 06/26/1991
Rep. de la Garza, E. [D-TX-15] 06/26/1991
Rep. Stenholm, Charles W. [D-TX-17] 06/26/1991
Rep. Rose, Charlie [D-NC-7] 06/26/1991
Rep. Johnson, Sam [R-TX-3] 06/26/1991
Rep. Lewis, Thomas F. [R-FL-12] 06/26/1991
Rep. Solarz, Stephen J. [D-NY-13] 06/26/1991
Rep. Yatron, Gus [D-PA-6] 06/27/1991
Rep. Spence, Floyd [R-SC-2] 06/27/1991
Rep. Gilman, Benjamin A. [R-NY-22] 07/10/1991
Rep. Sawyer, Tom [D-OH-14] 07/10/1991
Rep. Evans, Lane [D-IL-17] 07/10/1991
Rep. Oberstar, James L. [D-MN-8] 07/10/1991
Rep. Yates, Sidney R. [D-IL-9] 07/10/1991
Rep. Sensenbrenner, F. James, Jr. [R-WI-9] 07/10/1991
Rep. Scheuer, James H. [D-NY-8] 07/10/1991
Rep. Blaz, Ben G. [R-GU-At Large] 07/18/1991
Rep. Taylor, Gene [D-MS-5] 07/18/1991
Rep. Lancaster, H. Martin [D-NC-3] 07/18/1991
Rep. Torricelli, Robert G. [D-NJ-9] 07/30/1991
Rep. Patterson, Elizabeth [D-SC-4] 07/30/1991
Rep. Nagle, Dave R, [D-IA-3] 07/30/1991
Rep. Hammerschmidt, John P. [R-AR-3] 09/24/1991
Rep. Glickman, Dan [D-KS-4] 09/24/1991
Rep. Dickinson, William L. [R-AL-2] 09/24/1991
Rep. Molinari, Susan [R-NY-14] 09/24/1991
Rep. Hefley, Joel [R-CO-5] 10/09/1991
Rep. Sharp, Philip R. [D-IN-2] 10/09/1991
Rep. Kaptur, Marcy [D-OH-9] 10/09/1991
Rep. Fawell, Harris W. [R-IL-13] 11/13/1991
Rep. Wyden, Ron [D-OR-3] 02/14/1992
Rep. Flake, Floyd H. [D-NY-6] 03/04/1992
Rep. Pastor, Ed [D-AZ-2] 03/04/1992
Rep. Roukema, Marge [R-NJ-5] 03/11/1992
Rep. Allen, George [R-VA-7] 03/25/1992
Rep. McCollum, Bill [R-FL-5] 03/25/1992
Rep. Regula, Ralph [R-OH-16] 03/26/1992
Rep. Hopkins, Larry J. [R-KY-6] 05/05/1992

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Ways and Means03/12/1991 Referred to

A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-congress measures.


Latest Summary (1)

There is one summary for H.R.1406. View summaries

Shown Here:
Introduced in House (03/12/1991)

Savings and Investment Incentive Act of 1991 - Title I: Retirement Savings Incentives - Amends the Internal Revenue Code to remove the limitations on deductions for individual retirement plans and provides a cost-of-living adjustment for deductible amounts.

Establishes special individual retirement accounts that are nondeductible. Makes such accounts nontaxable if earnings on contributions are held for at least five years. Applies the early withdrawal penalty to distributions made before the end of the five year-period.

Title II: Penalty-Free Distributions - Provides exemptions from the ten-percent penalty on early withdrawals from individual retirement plans for: (1) first home purchases; (2) higher education expenses; and (2) financially devastating medical expenses.