A bill to amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1954 to allow the use of a participant's contributions to certain defined contribution plans as security for a loan from a bank or insured credit union.

referredUnited States· United States Congress· EN

Introduced

29 June 1978

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Employee Income Retirement Income Security Act of 1974 and the Internal Revenue Code to allow the use of a participant's contributions to certain employee benefit plans as security for a loan from a bank or an insured credit union.

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Timeline

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Votes

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 29 June 1978
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/95th-congress/house-bill/13355
Open data entity: https://api.congress.gov/v3/bill/95/hr/13355