3.0.0 2917 2023-01-11T13:24:20Z 2023-01-11T13:24:20Z House H HR 2013-08-01 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SERRANO:H.R. 2917.Congress has the power to enact this legislation pursuantto the following:Congress has the power to enact this legislation pursuantto Article I, Section 8, Clause 1 of the Constitution, whichstates that that ``The Congress shall have power to lay andcollect taxes, duties, imposts and excises. . . .'' Inaddition, this legislation is introduced pursuant to ArticleI, Section 8, Clause 18 of the Constitution, which statesthat Congress shall have the power ``to make all laws whichshall be necessary and proper for carrying into execution theforegoing powers, and all other powers vested by thisConstitution in the government of the United States, or inany department or officer thereof.''[Page H5345]]]> hswm00 Ways and Means Committee House Standing Referred to 2013-08-01T14:06:45Z 2013-08-01 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2013-08-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-08-01 Introduced in House IntroReferral 1000 9 Library of Congress S000248 Rep. Serrano, Jose E. [D-NY-15] JOSE SERRANO D NY E. 15 N H000636 Rep. Hinojosa, Ruben [D-TX-15] RUBEN HINOJOSA D TX 15 2013-08-01 True D000399 Rep. Doggett, Lloyd [D-TX-35] LLOYD DOGGETT D TX 35 2013-08-01 True C000714 Rep. Conyers, John, Jr. [D-MI-13] JOHN CONYERS D MI 13 2013-08-01 True R000588 Rep. Richmond, Cedric L. [D-LA-2] Cedric Richmond D LA L. 2 2013-08-01 True M000087 Rep. Maloney, Carolyn B. [D-NY-12] CAROLYN MALONEY D NY B. 12 2013-08-01 True M001188 Rep. Meng, Grace [D-NY-6] Grace Meng D NY 6 2013-08-01 True P000596 Resident Commissioner Pierluisi, Pedro R. [D-PR-At Large] Pedro Pierluisi D PR R. 0 2013-08-01 True R000486 Rep. Roybal-Allard, Lucille [D-CA-40] LUCILLE ROYBAL-ALLARD D CA 40 2013-08-01 True V000081 Rep. Velazquez, Nydia M. [D-NY-7] NYDIA VELAZQUEZ D NY M. 7 2013-08-01 True G000535 Rep. Gutierrez, Luis V. [D-IL-4] LUIS GUTIERREZ D IL V. 4 2013-08-01 True C001090 Rep. Cartwright, Matt [D-PA-17] Matt Cartwright D PA 17 2013-08-01 True H001034 Rep. Honda, Michael M. [D-CA-17] MICHAEL HONDA D CA M. 17 2013-08-01 True M001143 Rep. McCollum, Betty [D-MN-4] BETTY MCCOLLUM D MN 4 2013-08-01 True S001165 Rep. Sires, Albio [D-NJ-8] Albio Sires D NJ 8 2013-08-01 True G000551 Rep. Grijalva, Raúl M. [D-AZ-3] Raúl Grijalva D AZ M. 3 2013-08-01 True V000130 Rep. Vargas, Juan [D-CA-51] Juan Vargas D CA 51 2013-08-01 True N000127 Rep. Nolan, Richard M. [D-MN-8] RICHARD NOLAN D MN 8 2013-08-01 True C001091 Rep. Castro, Joaquin [D-TX-20] Joaquin Castro D TX 20 2013-08-01 True J000288 Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4] Henry Johnson D GA C. "Hank" 4 2013-08-01 True J000294 Rep. Jeffries, Hakeem S. [D-NY-8] Hakeem Jeffries D NY S. 8 2013-08-01 True E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 2013-08-02 False M001137 Rep. Meeks, Gregory W. [D-NY-5] GREGORY MEEKS D NY W. 5 2013-09-12 False T000465 Rep. Tsongas, Niki [D-MA-3] Niki Tsongas D MA 3 2013-09-12 False G000572 Rep. Gallego, Pete P. [D-TX-23] Pete Gallego D TX P. 23 2013-09-26 False S001170 Rep. Shea-Porter, Carol [D-NH-1] Carol Shea-Porter D NH 1 2014-03-04 False L000570 Rep. Lujan, Ben Ray [D-NM-3] Ben Lujan D NM R. 3 2014-03-11 False L000580 Rep. Lujan Grisham, Michelle [D-NM-1] Michelle Lujan Grisham D NM 1 2014-05-20 False D000216 Rep. DeLauro, Rosa L. [D-CT-3] ROSA DELAURO D CT 3 2014-07-24 False B001281 Rep. Beatty, Joyce [D-OH-3] Joyce Beatty D OH 3 2014-07-25 False B001259 Rep. Braley, Bruce L. [D-IA-1] Bruce Braley D IA L. 1 2014-07-31 False L000565 Rep. Loebsack, David [D-IA-2] David Loebsack D IA 2 2014-09-09 False Taxation Employee benefits and pensions Government information and archives Income tax credits Income tax exclusion Securities Student aid and college costs Tax administration and collection, taxpayers Taxation

00 2013-08-01 Introduced in House 2013-09-19T19:40:03Z Financial Security Credit Act of 2013 - Amends the Internal Revenue Code to allow an income-based tax credit equal to the lesser of $500 or 50% of the total amount deposited or contributed into designated savings products in a taxable year. Defines "designated savings products" as a qualified retirement plan, a qualified tuition plan, a Coverdell education savings account, a U.S. savings bond, a certificate of deposit with a duration of at least 8 months, a savings account, or other savings product considered appropriate by the Secretary of the Treasury. Directs the Internal Revenue Service (IRS) to notify individual taxpayers who may qualify for a savings product tax credit that they have the option of an electronic direct deposit of any portion of their tax refund into a designated savings product.

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Display Title Official Title as Introduced Introduced in House IH Short Titles as Introduced Introduced in House 2013-08-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr2917ih/xml/BILLS-113hr2917ih.xml 2013-08-01 Referred to the House Committee on Ways and Means. text/xml EN 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. Congressional Research Service, Library of Congress 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.