United States · Bill · HR
H.R. 4975 (101st)
To amend the Internal Revenue Code of 1986 to exempt from the penalty tax on early withdrawals from individual retirement plans distributions used to acquire the first home of a child or grandchild of the beneficiary of the plan.
Introduced
6 June 1990
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
7 February 2024
Summary
Amends the Internal Revenue Code to permit penalty-free withdrawals from an individual retirement plan for first-time home purchases by children or grandchildren of the beneficiary of the plan.
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Timeline
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Votes
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Versions
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Documents
2 official files
Introduced in House (text)
Introduced in House · EN
Introduced in House
summary · EN · 6 June 1990
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/101st-congress/house-bill/4975
- Open data entity: https://api.congress.gov/v3/bill/101/hr/4975