Kelly Retirement Security and IRS Reform Bills Pass Ways and Means Committee, Head to House Floor

Apr 2, 2019 Issues: Tax Reform

Washington, D.C. – On Tuesday, the House Ways and Means Committee held a Markup on two pieces of legislation co-authored by Congressman Mike Kelly (R-PA). Both bills were reported to the whole House of Representative on a unanimous vote.

The Taxpayer First Act, a landmark IRS reform bill was written by Kelly and Oversight Subcommittee Chairman John Lewis (D-GA). The SECURE Act, a culmination of Kelly’s Family Savings Act and the Retirement Enhancement and Savings Act, was co-authored by Kelly, Chairman Richard Neal (D-MA), Ranking Member Kevin Brady (R-TX) and Representative Ron Kind (D-WI).

On committee passage of the bills, Kelly issued this statement: The bipartisan support these bills have received is a notable win for all Americans and a proud moment for this committee. Today was a giant step toward two long-standing goals of mine: to reform the tax code to help and incentivize Americans to prepare for retirement, and to reform the IRS for the first time in decades to reorient its mission as a service-first agency. I am grateful to my colleagues, particularly Chairman Neal, Ranking Member Brady, Chairman Lewis, and Representative Kind for their dedication to achieving these goals for our constituents and the nation. This is what we were sent to Washington to do, and I am proud of what the committee has done today.

The Taxpayer First Act and the SECURE Act are now headed to the House floor. The bipartisan support signals they will be considered soon and are likely to pass the chamber.

Legislation Text

Taxpayer First Act

Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019

 

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