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Investing in Your Family's Future Act
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
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
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5837
Primary Policy Focus
TaxationPotential 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
Comments
Sponsors and Cosponsors of HR 5837
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