Senate Bill 4297
116th Congress(2019-2020)
AMORE Act
Introduced
Introduced in Senate on Jul 23, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4297
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
Addressing Missed-savings Opportunities for Retirement due to an Epidemic Act or the AMORE Act
This bill allows a participant in a tax-preferred pension plan or individual retirement plan to make additional contributions to such plans for any taxable year beginning in 2021 or 2022 in an amount not exceeding the participant's unused 2020 contribution amount.
July 23, 2020
07/23/2020
Read twice and referred to the Committee on Finance.
07/23/2020
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:45:36 PM