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United States · Bill · HR

H.R. 2626 (101st)

Long-Term Care, Education, and Housing Assistance Act of 1989

referredUnited States· United States Congress· EN

Introduced

13 June 1989

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Long-Term Care, Education, and Housing Assistance Act of 1989 - Amends the Internal Revenue Code to exempt from the penalty on early distributions from individual retirement plans distributions for: (1) long-term health care insurance premiums; and (2) educational expenses for higher education or a vocational school. Provides a tax exclusion for distributions from such plans used to acquire a first home. Limits such distribution to $10,000.

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Documents

2 official files

Introduced in House (text)

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Sources

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