To amend the Internal Revenue Code of 1986 to permit pension and annuity plans to make distributions to participants for purposes of acquiring a principal residence.

Summary

Amends the Internal Revenue Code (IRC) to permit a pension or annuity plan to make a one-time distribution to a participant for use to acquire, construct, or substantially rehabilitate his or her principal residence without losing its status as a qualified tax-deferred compensation plan for IRC purposes.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 13 April 1989

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 13 April 1989

   Introduced

   Introduced in House

   Source: IntroReferral

3. 13 April 1989

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · undated · Official file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 13 April 1989

  Open at official source

Sponsors

• Rep. Schneider, Claudine [R-RI-2] · R · Sponsor
• Rep. Roe, Robert A. [D-NJ-8] · D · Cosponsor
• Rep. Parker, Mike [D-MS-4] · D · Cosponsor
• ELIOT ENGEL · D · Cosponsor
• Rep. Lukens, Donald E. [R-OH-8] · R · Cosponsor
• Rep. Horton, Frank J. [R-NY-34] · R · Cosponsor
• Rep. Dornan, Robert K. [R-CA-38] · R · Cosponsor
• Rep. Bentley, Helen Delich [R-MD-2] · R · Cosponsor
• Rep. Parris, Stanford E. (Stan) [R-VA-8] · R · Cosponsor
• Rep. Robinson, Tommy F. [R-AR-2] · R · Cosponsor
• · hswm00 · Standing

Related records

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