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5/6/2009--Introduced.Savings for Working Families Act of 2009 - Allows certain low-income individuals between age 18 and 61 to establish tax-exempt individual development accounts (IDAs) to pay for certain qualified expenses, including education expenses, first-time homebuyer costs, and business capitalization or expansion costs. Sets forth rules for the establishment, maintenance, and termination of IDAs. Permits tax-free withdrawals from IDAs for qualified expenses, but requires IDA beneficiaries to complete one or more financial education courses prior to making an IDA withdrawal. Allows certain financial institutions, tax-exempt organizations, and Indian tribes to sponsor and administer IDAs. Amends the Internal Revenue Code to allow such entities a business-related tax credit for the cost of administering IDAs and for making matching contributions to IDAs in parallel accounts. Provides that IDA amounts shall be disregarded for purposes of determining eligibility for assistance under certain means-tested federal programs.

1241668800 2009-05-07 Sat Nov 14 08:05:31 -0600 2009 introduced 57331 'act':5 '2009':7 'save':1 'work':3 'famili':4 73060 false short introduced 57331 'bill':2 'provid':6 'purpos':17 'account':13 'develop':12 'individu':11 'establish':4 'treatment':9 72836 false official action 57331 1241668800 Thu May 07 00:00:00 -0500 2009 194702 Sponsor introductory remarks on measure. (CR S5283-5284) L000035 1960-09-30 6014 355 Dirksen Senate Office Building http://lincoln.senate.gov/contact/email.cfm 202-228-1371 Blanche 'd':4 'ar':5 'sen':1 'blanch':2,6,8 'lincoln':3,7,9 F 300068 Lincoln Blanche_Lincoln Lambert Sen. Blanche Lincoln [D, AR] 2927 N00008092 10627 Democrat 202-224-4843 Episcopalian AR Blanche Lincoln 2.11111111111111 http://lincoln.senate.gov/ SenatorLincoln B000468 1943-10-03 7559 703 Hart Senate Office Building http://bingaman.senate.gov/contact/ 202-224-2852 Jeff 'd':4 'nm':5 'sen':1 'jeff':2,6,8 'bingaman':3,7,9 M 300009 Bingaman Jeff_Bingaman Sen. Jeff Bingaman [D, NM] 4096 N00006518 10376 Democrat 202-224-5521 Methodist NM Jeff Bingaman 4.2962962962963 http://bingaman.senate.gov B001066 1931-10-23 7014 316 Hart Senate Office Building http://bunning.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm 202-228-1373 Jim 'r':4 'ky':5 'bun':3,7,9 'jim':2,6,8 'sen':1 M 300014 Bunning Jim_Bunning Sen. Jim Bunning [R, KY] 3132 N00003437 9420 Republican 202-224-4343 Roman Catholic KY Jim Bunning 2.57575757575758 http://bunning.senate.gov/public/ C000127 1958-10-13 5946 511 Dirksen Senate Office Building http://cantwell.senate.gov/contact/ 202-228-0514 Maria 'd':4 'wa':5 'sen':1 'maria':2,6,8 'cantwel':3,7,9 F 300018 Cantwell Maria_Cantwell Sen. Maria Cantwell [D, WA] 3288 N00007836 12642 Democrat 202-224-3441 Roman Catholic WA Maria Cantwell 4.33802816901408 http://cantwell.senate.gov SenatorCantwell C000567 1937-12-07 5028 113 Dirksen Senate Office Building http://cochran.senate.gov/email.html 202-224-9450 Thad 'r':4 'ms':5 'sen':1 'thad':2,6,8 'cochran':3,7,9 M 300023 Cochran Thad_Cochran Sen. Thad Cochran [R, MS] 2527 N00003328 9160 Republican 202-224-5054 Baptist MS Thad Cochran 2.89473684210526 http://cochran.senate.gov C001035 1952-12-07 11007 413 Dirksen Senate Office Building http://collins.senate.gov/public/continue.cfm?FuseAction=ContactSenatorCollins.EmailIssue 202-224-2693 Susan 'r':4 'sen':1 'susan':2,6,8 'collin':3,7,9 F 300025 Collins Susan_Collins M. Sen. Susan Collins [R, ME] 5829 N00000491 12000 Republican 202-224-2523 Catholic ME Susan Collins 2.56923076923077 http://collins.senate.gov SenatorSusanCollins J000177 1946-12-28 7396 136 Hart Senate Office Building http://johnson.senate.gov/contact/ 202-228-5765 Tim 'd':4 'sd':5 'sen':1 'tim':2,6,8 'johnson':3,7,9 M 300058 Johnson Tim_Johnson P. Sen. Tim Johnson [D, SD] 3683 N00010084 8116 Democrat 202-224-5842 Lutheran SD Tim Johnson 4.0 http://johnson.senate.gov/ K000148 1943-12-11 26654 218 Russell Senate Office Building http://kerry.senate.gov/contact/email.cfm 202-224-8525 John 'd':4 'ma':5 'sen':1 'john':2,6,8 'kerri':3,7,9 M 300060 Kerry John_Kerry Forbes Sen. John Kerry [D, MA] 12187 N00000245 14623 Democrat 202-224-2742 Roman Catholic MA John Kerry 2.57943925233645 http://kerry.senate.gov/ L000304 1942-02-24 9514 706 Hart Senate Office Building http://lieberman.senate.gov/contact/ 202-224-9750 Joseph 'ct':5 'sen':1 'joseph':2,6,8 'lieberman':3,7,9 M 300067 Lieberman Joseph_Lieberman I. Sen. Joseph Lieberman [I, CT] 4046 N00000616 13232 Independent 202-224-4041 Jewish CT Joseph Lieberman 3.27777777777778 http://lieberman.senate.gov/ S000663 1947-02-21 8894 154 Russell Senate Office Building http://snowe.senate.gov/webform.htm 202-224-1946 Olympia 'r':4 'sen':1 'snow':3,7,9 'olympia':2,6,8 F 300091 Snowe Olympia_Snowe J. Sen. Olympia Snowe [R, ME] 3615 N00000480 16217 Republican 202-224-5344 Greek Orthodox ME Olympia Snowe 2.54918032786885 http://snowe.senate.gov/ action 57331 1241668800 Thu May 07 00:00:00 -0500 2009 194702 Sponsor introductory remarks on measure. (CR S5283-5284) action 57331 1241582400 Wed May 06 00:00:00 -0500 2009 194011 Read twice and referred to the Committee on Finance. introduced 57331 1241582400 Wed May 06 00:00:00 -0500 2009 194010