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United States · Bill · HR

H.R. 4061 (110th)

To allow employees of a commercial passenger airline carrier who receive payments in a bankruptcy proceeding to roll over such payments into an individual retirement plan, and for other purposes.

openUnited States· United States Congress· EN

Introduced

1 November 2007

Last action

Status

Sponsor introductory remarks on measure. (CR E2341)

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

Summary

Allows employees of commercial passenger airlines who receive payments from a bankruptcy case filed between September 11, 2001, and January 1, 2007, as compensation for lost pension plan benefits to rollover such payments into an individual retirement account (IRA), except for a Roth IRA, without tax or tax penalty.

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Documents

3 official files

Introduced in House (text)

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Sources

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