Investing in Your Family's Future Act

House Bill 5837 - Investing in Your Family's Future Act: Overview, Status, and Impact

Hozzl · 2022-02-08T23:15:48Z

Explore the details of House Bill 5837 Investing in Your Family's Future Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

2/8/2022, 11:15 PM

Congressional Summary of HR 5837

Investing in Your Family's Future Act

This bill allows certain employer-sponsored retirement plans to make matching contributions for child care payments as if the payments were salary reduction contributions to the retirement plan.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill HR 5837

Bill HR 5837 is currently in the status of Bill Introduced since February 10, 2020. Bill HR 5837 was introduced during Congress 116 and was introduced to the House on February 10, 2020. Bill HR 5837's most recent activity was Referred to the House Committee on Ways and Means. as of February 10, 2020

Bipartisan Support of Bill HR 5837

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 5837

Primary Policy Focus

Taxation

Potential Impact Areas

- Administrative law and regulatory procedures

- Child care and development

- Employee benefits and pensions

- Income tax deferral

Alternate Title(s) of Bill HR 5837

Investing in Your Family's Future Act

To amend the Internal Revenue Code of 1986 to permit treatment of child care payments as elective deferrals for purposes of employer matching contributions, and for other purposes.

Investing in Your Family's Future Act