3.0.0 492 2023-01-11T13:35:24Z 2023-01-11T13:35:24Z Senate S 2017-03-02 115 ssfi00 Finance Committee Senate Standing Referred to 2017-03-02T16:12:58Z Servicemember Retirement Improvement Act 115 1317 HR 2017-03-02 Referred to the House Committee on Ways and Means. Identical bill CRS 2017-03-02 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1580) IntroReferral 2017-03-02 Introduced in Senate IntroReferral 10000 9 Library of Congress C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX N C001070 Sen. Casey, Robert P., Jr. [D-PA] Bob Casey D PA 2017-03-02 True Taxation Employee benefits and pensions Government employee pay, benefits, personnel management Income tax deferral Military personnel and dependents National Guard and reserves Taxation 00 2017-03-02 Introduced in Senate 2017-03-10T16:01:14Z Servicemember Retirement Improvement Act

This bill amends the Internal Revenue Code to allow members of the Ready Reserve of a reserve component of the Armed Forces to make the maximum allowable contribution ($18,000 in 2017) to their Thrift Savings Plans (TSPs) without limiting the amount such members may contribute to a retirement plan based upon other employment. The bill also doubles the maximum allowable contribution amount to the TSPs of federal employees in the Ready Reserve who are not eligible to make contributions to any plan other than the TSP.

]]> Servicemember Retirement Improvement Act Display Title Servicemember Retirement Improvement Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to allow members of the Ready Reserve of a reserve component of the Armed Forces to make elective deferrals on the basis of their service to the Ready Reserve and on the basis of their other employment. Introduced in Senate IS Short Titles as Introduced Servicemember Retirement Improvement Act Introduced in Senate 2017-03-02T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s492is/xml/BILLS-115s492is.xml 2017-03-02 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1580) 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.