# 114-hr-4491: MyRA Act

114-hr-4491, MyRA Act, is a 114th Congress bill sponsored by JOSEPH CROWLEY (D-NY); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-4491
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-4491
- Congress: 114
- Title: MyRA Act
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2016-02-08
- Sponsor: JOSEPH CROWLEY (D-NY)
- Cosponsors: 9
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Making Your Retirement Accessible Act or the MyRA Act This bill amends the Internal Revenue Code to establish an employee retirement option known as a MyRA account. A MyRA account functions as a Roth Individual Retirement Account. An employee who elects to establish a MyRA account may contribute any portion of a tax refund or make automatic payroll contributions to the account. The funding of MyRA accounts is limited to retirement savings bonds issued by the Department of the Treasury with a specified interest rate and maturity date. The bill imposes a tax on any employer who fails to comply with the requirement for making direct deposits to a MyRA account of wages designated by an employee.

## Cosponsors (9)

- Rep. Grayson, Alan [D-FL-9] (D-FL), 2016-02-23T00:00:00.000Z
- Rep. Ellison, Keith [D-MN-5] (D-MN), 2016-02-08T00:00:00.000Z
- Rep. Lujan Grisham, Michelle [D-NM-1] (D-NM), 2016-02-23T00:00:00.000Z
- Del. Norton, Eleanor Holmes [D-DC-At Large] (D-DC), 2016-02-23T00:00:00.000Z
- CHARLES RANGEL (D-NY), 2016-02-23T00:00:00.000Z
- JOSE SERRANO (D-NY), 2016-03-03T00:00:00.000Z
- Rep. Bera, Ami [D-CA-6] (D-CA), 2016-05-10T00:00:00.000Z
- Rep. Titus, Dina [D-NV-1] (D-NV), 2016-05-10T00:00:00.000Z
- Rep. Rice, Kathleen M. [D-NY-4] (D-NY), 2016-05-10T00:00:00.000Z

## Related bills

- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.
- 114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act
- 114-hr-3268: PAST Act
- 114-hr-3185: Equality Act
- 114-hr-2902: Safe Schools Improvement Act of 2015
- 114-hr-2867: Voting Rights Advancement Act of 2015

## Sources
- [114-hr-4491 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/4491)

## Related
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [114-hr-4592: Naismith Memorial Basketball Hall of Fame Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-4592)
- [114-hr-3268: PAST Act](https://policyrisk.com/legislation/114-hr-3268)
- [114-hr-3185: Equality Act](https://policyrisk.com/legislation/114-hr-3185)
- [114-hr-2902: Safe Schools Improvement Act of 2015](https://policyrisk.com/legislation/114-hr-2902)
- [114-hr-2867: Voting Rights Advancement Act of 2015](https://policyrisk.com/legislation/114-hr-2867)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-4491 (as of 2025-11-18).