[20010110]96-20EPW_个人退休账户（IRA）：第106届国会的立法问题.pdf

Congressional Research Service ? The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code 96-20 EPWUpdated January 10, 2001Individual Retirement Accounts (IRAs):Legislative Issues in the 106th CongressJames R. StoreySpecialist in Social LegislationDomestic Social Policy DivisionSummaryBills introduced in the 106th Congress would have raised the limit on contributionsto individual retirement accounts (IRAs) and eased other federal IRA rules. The Housepassed H.R. 5203, incorporating the higher IRA contribution limits of H.R.1102, onSeptember 19, 2000. The IRA provisions of the bill would have cost $21.7 billion inforegone revenue over 10 years. The Senate Finance Committee ordered H.R. 1102reported (with amendments) on September 7, 2000, but the bill did not reach the Senatefloor before the 106th Congress adjourned in December 2000. The Finance Committeesbill, in addition to raising contribution limits, would have allowed tax credits in lieu ofdeductions for a portion of IRA contributions. Legislative HistoryIn 1971, President Nixon proposed that workers be allowed to defer from taxableincome an amount of earnings set aside in an IRA. IRAs were first autho