Senate Bill 2263

108th CONGRESS

2d Session

S. 2263

To amend the Internal Revenue Code of 1986 to create Lifetime Savings Accounts.

IN THE SENATE OF THE UNITED STATES

March 31, 2004

Mr. THOMAS (for himself, Mr. SPECTER, and Mr. KYL) introduced the following bill; which was read twice and referred to the Committee on Finance


A BILL

To amend the Internal Revenue Code of 1986 to create Lifetime Savings Accounts.

SECTION 1. LIFETIME SAVINGS ACCOUNTS.

`PART IX--LIFETIME SAVINGS ACCOUNTS

`SEC. 530A. LIFETIME SAVINGS ACCOUNTS.

at the end of paragraph (4), by inserting `or' at the end of paragraph (5), and by inserting after paragraph (5) the following new paragraph:

`Part IX. Lifetime Savings Accounts.'.

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