I 111th CONGRESS 1st Session H. R. 2814 IN THE HOUSE OF REPRESENTATIVES June 10, 2009 Mr. Pitts introduced the following bill; which was referred to the Committee on Ways and Means A BILL To immediately repeal the income limitation on conversions to Roth IRAs.

1.

Short title

This Act may be cited as the Reinvest in America’s Retirement Act of 2009.

2.

Immediate repeal of income limitation on conversions to Roth IRAs

(a)

In general

Subsection (c) of section 512 of the Tax Increase Prevention and Reconciliation Act of 2005 is amended by striking December 31, 2009 and inserting December 31, 2008. (b)

Conforming amendments

(1)Section 408A(d)(3)(A)(iii) of the Internal Revenue Code of 1986 is amended— (A)by striking 2010 and inserting 2009, and (B)by striking 2011 and inserting 2010. (2)Section 408A(d)(3)(E)(i)(I) of such Code is amended by striking 2010 and inserting 2009. (c)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2008.