To amend the Internal Revenue Code of 1986 to allow members of the Ready Reserve of a reserve component of the Armed Forces to make elective deferrals on the basis of their service to the Ready Reserve and on the basis of their other employment.
USA115th CongressHR-1317| House
| Updated: 3/2/2017
Sam Johnson
Republican Representative
Texas
Cosponsors (47)
Robert Pittenger (Republican)Tim Ryan (Democratic)Tom Cole (Republican)Elise M. Stefanik (Republican)Kay Granger (Republican)Roger Marshall (Republican)Steven M. Palazzo (Republican)Pete Olson (Republican)Peter T. King (Republican)Steve Stivers (Republican)John Ratcliffe (Republican)Neal P. Dunn (Republican)Robert J. Wittman (Republican)Darin LaHood (Republican)Claudia Tenney (Republican)Marsha Blackburn (Republican)Pete Sessions (Republican)David Rouzer (Republican)David Young (Republican)Tim Walberg (Republican)Carlos Curbelo (Republican)Mike Bishop (Republican)Ken Calvert (Republican)Frank A. LoBiondo (Republican)J. French Hill (Republican)James B. Renacci (Republican)Dan Newhouse (Republican)Walter B. Jones (Republican)Paul Mitchell (Independent)Darrell Issa (Republican)Joe Wilson (Republican)Kyrsten Sinema (Independent)Ted Poe (Republican)Timothy J. Walz (Democratic)Mike Kelly (Republican)Scott DesJarlais (Republican)Michael R. Turner (Republican)Ted S. Yoho (Republican)Bradley Byrne (Republican)Vicky Hartzler (Republican)Bill Huizenga (Republican)Scott R. Tipton (Republican)Mike Coffman (Republican)Ralph Norman (Republican)Jim Bridenstine (Republican)David P. Roe (Republican)Brian Babin (Republican)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Servicemember Retirement Improvement Act This bill amends the Internal Revenue Code to allow members of the Ready Reserve of a reserve component of the Armed Forces to make the maximum allowable contribution ($18,000 in 2017) to their Thrift Savings Plans (TSPs) without limiting the amount such members may contribute to a retirement plan based upon other employment. The bill also doubles the maximum allowable contribution amount to the TSPs of federal employees in the Ready Reserve who are not eligible to make contributions to any plan other than the TSP.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Employee benefits and pensionsGovernment employee pay, benefits, personnel managementIncome tax deferralMilitary personnel and dependentsNational Guard and reserves
To amend the Internal Revenue Code of 1986 to allow members of the Ready Reserve of a reserve component of the Armed Forces to make elective deferrals on the basis of their service to the Ready Reserve and on the basis of their other employment.
USA115th CongressHR-1317| House
| Updated: 3/2/2017
Servicemember Retirement Improvement Act This bill amends the Internal Revenue Code to allow members of the Ready Reserve of a reserve component of the Armed Forces to make the maximum allowable contribution ($18,000 in 2017) to their Thrift Savings Plans (TSPs) without limiting the amount such members may contribute to a retirement plan based upon other employment. The bill also doubles the maximum allowable contribution amount to the TSPs of federal employees in the Ready Reserve who are not eligible to make contributions to any plan other than the TSP.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Sam Johnson
Republican Representative
Texas
Cosponsors (47)
Robert Pittenger (Republican)Tim Ryan (Democratic)Tom Cole (Republican)Elise M. Stefanik (Republican)Kay Granger (Republican)Roger Marshall (Republican)Steven M. Palazzo (Republican)Pete Olson (Republican)Peter T. King (Republican)Steve Stivers (Republican)John Ratcliffe (Republican)Neal P. Dunn (Republican)Robert J. Wittman (Republican)Darin LaHood (Republican)Claudia Tenney (Republican)Marsha Blackburn (Republican)Pete Sessions (Republican)David Rouzer (Republican)David Young (Republican)Tim Walberg (Republican)Carlos Curbelo (Republican)Mike Bishop (Republican)Ken Calvert (Republican)Frank A. LoBiondo (Republican)J. French Hill (Republican)James B. Renacci (Republican)Dan Newhouse (Republican)Walter B. Jones (Republican)Paul Mitchell (Independent)Darrell Issa (Republican)Joe Wilson (Republican)Kyrsten Sinema (Independent)Ted Poe (Republican)Timothy J. Walz (Democratic)Mike Kelly (Republican)Scott DesJarlais (Republican)Michael R. Turner (Republican)Ted S. Yoho (Republican)Bradley Byrne (Republican)Vicky Hartzler (Republican)Bill Huizenga (Republican)Scott R. Tipton (Republican)Mike Coffman (Republican)Ralph Norman (Republican)Jim Bridenstine (Republican)David P. Roe (Republican)Brian Babin (Republican)
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Employee benefits and pensionsGovernment employee pay, benefits, personnel managementIncome tax deferralMilitary personnel and dependentsNational Guard and reserves