Savings Enhancement by Alleviating Leakage in 401(k) Savings Act

Summary

Savings Enhancement by Alleviating Leakage in 401(k) Savings Act This bill amends the Internal Revenue Code, with respect to loans made from a qualified employer plan, to extend the period for repayment of loans if a plan terminates or a plan participant becomes unemployed. The bill also requires the Department of the Treasury to modify regulations governing hardship distributions from qualified employer plans to allow participants to make additional contributions to a plan during the six-month period following a hardship distribution.

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Timeline

1. 6 April 2017

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 6 April 2017

   Introduced

   Introduced in House

   Source: IntroReferral

3. 6 April 2017

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 6 April 2017 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 6 April 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 6 April 2017

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 6 April 2017

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Johnson, Sam [R-TX-3] · R · Sponsor
• Rep. Neal, Richard E. [D-MA-1] · D · Sponsor
• Rep. Gonzalez, Vicente [D-TX-34] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to → An act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018.
• related to ← SEAL Act
• related to ← An original bill to provide for reconciliation pursuant to title II of the concurrent resolution on the budget for fiscal year 2018.