United States · Bill · HR
H.R. 5978 (111th)
Small Business Tax Relief and Retirement Restoration Act of 2010
Introduced
29 July 2010
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
14 August 2025
Summary
Small Business Tax Relief and Retirement Restoration Act of 2010 - Amends the Internal Revenue Code to permit until December 31, 2010, penalty-free distributions from an individual retirement account (IRA) or a qualified employer plan for the purpose of making loans to a small business to purchase depreciable property to be used by such business or for employee salaries or wages (other than for bonuses). Requires such loans to be repaid to the IRA within five years.
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 29 July 2010
Introduced in House (PDF)
Introduced in House · EN · 29 July 2010
Introduced in House
summary · EN · 29 July 2010
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/111th-congress/house-bill/5978
- Open data entity: https://api.congress.gov/v3/bill/111/hr/5978