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    <updateDate>2023-01-15T04:48:32Z</updateDate>
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    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
    <type>S</type>
    <introducedDate>2004-04-08</introducedDate>
    <congress>108</congress>
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        <name>Finance Committee</name>
        <chamber>Senate</chamber>
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            <name>Referred to</name>
            <date>2004-04-08T17:37:00Z</date>
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      <item>
        <title>Better Future for American Families Act</title>
        <congress>108</congress>
        <number>5233</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2004-10-07</actionDate>
          <text>Sponsor introductory remarks on measure. (CR E1819)</text>
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        <actionDate>2004-04-08</actionDate>
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            <name>Finance Committee</name>
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        <sourceSystem>
          <name>Senate</name>
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        <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4026-4027)</text>
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      <item>
        <actionDate>2004-04-08</actionDate>
        <text>Sponsor introductory remarks on measure. (CR S4026)</text>
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          <name>Library of Congress</name>
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        <actionDate>2004-04-08</actionDate>
        <text>Introduced in Senate</text>
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        <bioguideId>E000286</bioguideId>
        <fullName>Sen. Edwards, John [D-NC]</fullName>
        <firstName>JOHN</firstName>
        <lastName>EDWARDS</lastName>
        <party>D</party>
        <state>NC</state>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Finance and Financial Sector</name>
        </item>
        <item>
          <name>Income tax</name>
        </item>
        <item>
          <name>Individual retirement accounts</name>
        </item>
        <item>
          <name>Labor and Employment</name>
        </item>
        <item>
          <name>Saving and investment</name>
        </item>
        <item>
          <name>Tax credits</name>
        </item>
        <item>
          <name>Tax refunds</name>
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      <policyArea>
        <name>Taxation</name>
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      <summary>
        <versionCode>00</versionCode>
        <actionDate>2004-04-08</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2004-05-27T20:33:08Z</updateDate>
        <text><![CDATA[ <p>Better Future for American Families Act - Amends the Internal Revenue Code to rename the Credit for Elective Deferrals and IRA Contributions as the Saver's Credit. Revises the applicable percentage of an eligible individual's qualified retirement savings contributions for determining the amount of such credit. Makes the credit refundable and permanent.</p>]]></text>
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    <title>Better Future for American Families Act</title>
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        <title>Better Future for American Families Act</title>
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        <titleType>Official Title as Introduced</titleType>
        <title>A bill to help American families save, invest, and build a better future, and for other purposes.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
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        <titleType>Short Titles as Introduced</titleType>
        <title>Better Future for American Families Act</title>
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        <type>Introduced in Senate</type>
        <date>2004-04-08T04:00:00Z</date>
        <formats/>
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    <latestAction>
      <actionDate>2004-04-08</actionDate>
      <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4026-4027)</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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