3.0.0 3078 2023-01-11T13:24:12Z 2023-01-11T13:24:12Z House H HR 2013-09-10 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. SMITH of Washington:H.R. 3078.Congress has the power to enact this legislation pursuantto the following:Clause 1 of Section 8 of Article I[Page H5476]]]> hsif00 Energy and Commerce Committee House Standing hsif14 Health Subcommittee Referred to 2013-09-13T17:39:05Z Referred to 2013-09-10T14:01:20Z hswm00 Ways and Means Committee House Standing Referred to 2013-09-10T14:01:15Z 2013-09-13 hsif14 Health Subcommittee 1 House committee actions Referred to the Subcommittee on Health. Committee 2013-09-10 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2013-09-10 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2013-09-10 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-09-10 Introduced in House IntroReferral 1000 9 Library of Congress S000510 Rep. Smith, Adam [D-WA-9] ADAM SMITH D WA 9 N Health Employee benefits and pensions Health care costs and insurance Medicare Health 00 2013-09-10 Introduced in House 2013-11-12T21:22:57Z Roth IRA Flexibility Act of 2013 - Amends part B (Supplementary Medical Insurance) of title XVIII (Medicare) of the Social Security Act with respect to the formula for reductions in the income-based subsidy for premiums under Medicare parts B and D (Voluntary Prescription Drug Benefit Program). Disregards, in computing adjusted gross income in that formula, any amounts transferred from a traditional individual retirement account (IRA) to a Roth IRA.

Amends the Internal Revenue Code to authorize the use of tax return information involving such amounts for disclosure to carry out those subsidy adjustments.

Directs the Secretary of Health and Human Services (HHS), in collaboration with the Commissioner of Social Security, to refund to an individual the portion of premiums paid under Medicare parts B and D equal to the difference between the premiums paid and the premiums the individual would have paid if any rollovers to a Roth IRA from an eligible non-Roth IRA retirement plan made on or after January 1, 2011, had not been taken into account.

]]> Roth IRA Flexibility Act of 2013 Display Title Roth IRA Flexibility Act of 2013 Official Title as Introduced To amend title XVIII of the Social Security Act to disregard amounts transferred from a traditional IRA to a Roth IRA in computing income for purposes of determining the income-related premiums under parts B and D of the Medicare program, and for other purposes. Introduced in House IH Short Titles as Introduced Roth IRA Flexibility Act of 2013 Introduced in House 2013-09-10T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr3078ih/xml/BILLS-113hr3078ih.xml 2013-09-13 Referred to the Subcommittee on Health. 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.