United States · Bill · HR
H.R. 507 (103rd)
IRA Self-Loan Act
Introduced
21 January 1993
Last action
21 January 1993 · Introduced
Status
Referred to the House Committee on Ways and Means.
Sponsors
Rep. Franks, Gary A. [R-CT-5], Rep. Gutierrez, Luis V. [D-IL-4], Rep. Johnson, Nancy L. [R-CT-5], Rep. Rohrabacher, Dana [R-CA-48], Rep. Johnson, Sam [R-TX-3], Rep. Solomon, Gerald B. H. [R-NY-22], Rep. Saxton, Jim [R-NJ-3], Rep. Bartlett, Roscoe G. [R-MD-6], Rep. Collins, Barbara-Rose [D-MI-15], Rep. Fish, Hamilton, Jr. [R-NY-19], Rep. Vucanovich, Barbara F. [R-NV-2], Rep. Ravenel, Arthur, Jr. [R-SC-1], Rep. Valentine, Tim [D-NC-2], Sen. Santorum, Rick [R-PA], Rep. Quinn, Jack [R-NY-27], Rep. Inglis, Bob [R-SC-4]
Subjects
Taxation, Education
Source updated
26 August 2025
Summary
IRA Self-Loan Act - Amends the Internal Revenue Code to allow loans to be made or secured by an individual retirement account for first-time homebuyer expenses, education expenses, or medical emergency expenses. Limits such a loan amount to $50,000. Exempts such loans from the tax on prohibited transactions.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
21 January 1993
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
21 January 1993
Introduced
Introduced in House
Source: IntroReferral
21 January 1993
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 21 January 1993 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 21 January 1993
Introduced in House (PDF)
Introduced in House · EN · 21 January 1993
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Introduced in House
summary · EN · 21 January 1993
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Franks, Gary A. [R-CT-5] · R · Sponsor
- Rep. Gutierrez, Luis V. [D-IL-4] · D · Cosponsor
- Rep. Johnson, Nancy L. [R-CT-5] · R · Cosponsor
- Rep. Rohrabacher, Dana [R-CA-48] · R · Cosponsor
- Rep. Johnson, Sam [R-TX-3] · R · Cosponsor
- Rep. Solomon, Gerald B. H. [R-NY-22] · R · Cosponsor
- Rep. Saxton, Jim [R-NJ-3] · R · Cosponsor
- Rep. Bartlett, Roscoe G. [R-MD-6] · R · Cosponsor
- Rep. Collins, Barbara-Rose [D-MI-15] · D · Cosponsor
- Rep. Fish, Hamilton, Jr. [R-NY-19] · R · Cosponsor
- Rep. Vucanovich, Barbara F. [R-NV-2] · R · Cosponsor
- Rep. Ravenel, Arthur, Jr. [R-SC-1] · R · Cosponsor
- Rep. Valentine, Tim [D-NC-2] · D · Cosponsor
- Sen. Santorum, Rick [R-PA] · R · Cosponsor
- Rep. Quinn, Jack [R-NY-27] · R · Cosponsor
- Rep. Inglis, Bob [R-SC-4] · R · Cosponsor
- · hswm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/103rd-congress/house-bill/507
- Open data entity: https://api.congress.gov/v3/bill/103/hr/507
- us · 103-hr-507 · source updated 26 August 2025