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United States · Bill · HR

H.R. 615 (105th)

To amend the Internal Revenue Code of 1986 to allow expanded penalty-free withdrawals from certain retirement plans during periods of unemployment.

referredUnited States· United States Congress· EN

Introduced

5 February 1997

Last action

5 February 1997 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. McDermott, Jim [D-WA-7], Rep. Rangel, Charles B. [D-NY-19], Rep. Matsui, Robert T. [D-CA-3], JOHN LEWIS, Rep. Dellums, Ronald V. [D-CA-8], Rep. Torres, Esteban Edward [D-CA-34], Del. Norton, Eleanor Holmes [D-DC-At Large], BOBBY RUSH, Rep. Hinchey, Maurice D. [D-NY-22], Rep. Fazio, Vic [D-CA-4], Zoe Lofgren, Rep. Clayton, Eva M. [D-NC-1], Rep. Canady, Charles T. [R-FL-12], Rep. Foglietta, Thomas M. [D-PA-1], Rep. English, Phil [R-PA-3], Rep. Smith, Adam [D-WA-9], Rep. Tierney, John F. [D-MA-6], Rep. Towns, Edolphus [D-NY-11], Rep. Martinez, Matthew G. [D-CA-30], Rep. Ford, Harold E., Jr. [D-TN-9], Rep. Ackerman, Gary L. [D-NY-7]

Subjects

Taxation

Source updated

7 February 2024

Taxation

Summary

Amends the Internal Revenue Code to exempt from the additional tax on early distribution from retirement plans distributions to individuals during periods of unemployment.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 5 February 1997

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 5 February 1997

    Introduced

    Sponsor introductory remarks on measure. (CR E173-174)

    Source: IntroReferral

  3. 5 February 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 5 February 1997

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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