There is one summary for H.R.5031. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/15/2010)

Young Savers' Tax Credit Act of 2010 - Amends the Internal Revenue Code to allow a $500 annual tax credit for contributions to retirement plans by individuals who are age 30 or younger. Requires such contributions to equal at least 1% of such individuals' compensation.