Rep. Sanchez Introduces Bill Concerning Funding available for Individual Development Account, Internal Revenue Code of 1986 Amendment

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US Fed News
August 4, 2010

Rep. Linda T. Sanchez, D-California has introduced the bill (H.R.6067), legislation that would "increase by $25 million the funding available for individual development accounts for each of fiscal years 2011 and 2012, and to amend the Internal Revenue Code of 1986 to eliminate the domestic production deduction for coal and other hard mineral fossil fuels."

The bill was introduced on July 30. It was referred to the House Ways and Means Committee.

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