Political Quotes

“Madam Speaker, pursuant to House Resolution 389, I call up the bill (H.R. 1994) to amend the Internal Revenue Code of 1986 to encourage retirement savings, and for other purposes, and ask for its immediate consideration in the House. The Clerk read the title of the bill. The SPEAKER pro tempore. Pursuant to House Resolution 389, the amendment in the nature of a substitute recommended by the Committee on Ways and Means, modified by the amendment printed in part B of House Report 116-79, is adopted, and the bill, as amended, is considered read. The text of the bill, as amended, is as follows: H.R. 1994 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE, ETC. (a) Short Title.--This Act may be cited as the ``Setting Every Community Up for Retirement Enhancement Act of 2019''. (b) Table of Contents.--The table of contents of this Act is as follows: Sec. 1. Short title, etc. TITLE I--EXPANDING AND PRESERVING RETIREMENT SAVINGS Sec. 101. Multiple employer plans; pooled employer plans. Sec. 102. Increase in 10 percent cap for automatic enrollment safe harbor after 1st plan year. Sec. 103. Rules relating to election of safe harbor 401(k) status. Sec. 104. Increase in credit limitation for small employer pension plan startup costs. Sec. 105. Small employer automatic enrollment credit. Sec. 106. Certain taxable non-tuition fellowship and stipend payments treated as compensation for IRA purposes. Sec.…”