U.S. Congress legislation · 119th Congress
HB9813: To amend the Internal Revenue Code of 1986 to impose limitations on high-income taxpayers with large retirement account balances.
Status: In committee, July 21, 2026
What the bill says
To amend the Internal Revenue Code of 1986 to impose limitations on high-income taxpayers with large retirement account balances.
From the introduced text, July 21, 2026:
A BILL To amend the Internal Revenue Code of 1986 to impose limitations on high-income taxpayers with large retirement account balances. SECTION 1. Contribution limit for individual retirement plans of high-income taxpayers with large account balances (a) Contribution limit (1) In general Subpart A of part I of subchapter D of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following: SECTION 409B. Contribution limit on individual retirement plans of high-income taxpayers with large account balances (a) General rule Notwithstanding any other provision of this title, in the case of an individual who is an applicable taxpayer for any taxable year, no applicable annual contributions for such taxable year shall be made by, or on behalf of, such individual to any individual retirement plan to the extent such applicable annual contributions exceed the excess (if any) of-- (1) the applicable dollar amount for such taxable year, over (2) the aggregate vested balances to the credit of the individual (whether as a participant, owner, or beneficiary) in all applicable retirement plans (determined as of the close of the calendar year preceding the calendar year in which such taxable year begins). (b) Definitions and special rules For purposes of this section-- (1) Applicable annual contribution (A) In general Except as provided in this paragraph, …
Sponsors
- Richard Neal (D, HD-001) · primary sponsor
Latest actions
- : Referred to the House Committee on Ways and Means.
- : Introduced in House
Subjects: Taxation
Common questions
- What is HB9813?
- HB9813 is a bill in Congress (119th Congress): To amend the Internal Revenue Code of 1986 to impose limitations on high-income taxpayers with large retirement account balances.
- What does HB9813 do?
- In its own words: To amend the Internal Revenue Code of 1986 to impose limitations on high-income taxpayers with large retirement account balances.
- What is the status of HB9813?
- In committee as of July 21, 2026. Latest action: Referred to the House Committee on Ways and Means. (July 21, 2026).
- Who sponsored HB9813?
- Richard Neal (D, HD-001).
- Where is the official record for HB9813?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/9813
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.