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United States · Bill · HR

H.R. 4506 (100th)

Job Training Amendments to the IRA

referredUnited States· United States Congress· EN

Introduced

2 May 1988

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

28 August 2025

Summary

Job Training Amendments to the IRA - Amends the Internal Revenue Code to exempt from the ten percent additional tax on early distributions from qualified retirement plans the first $4,000 distributed within two years for use by the taxpayer solely to obtain job training or retraining. Requires that the distributions be made in reasonable anticipation of unemployment or within two years after the taxpayer becomes unemployed.

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Documents

1 official file

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Sources

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