Expressing the sense of the House of Representatives that the Congress should not pass any legislation that would tax or confiscate personal savings accounts, including retirement accounts such as Individual Retirement Accounts (IRAs) and 401k plans, certificates of deposit (CDs), or other personal savings to provide financial relief for private businesses.
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Committee
Latest Action · March 19, 2013
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, 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.
Expresses the sense of the House of Representatives that Congress should refrain from considering or adopting any legislation that would: (1) tax or confiscate personal savings, including retirement accounts, certificates of deposit, or other personal savings and assets; or (2) provide financial relief to a private business or general sector of the American economy at taxpayer expense.
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