A bill to amend the Internal Revenue Code of 1954 to permit pension and annuity plans to make distributions to participants for purposes of acquiring a principal residence.

referredUnited States· United States Congress· EN

Introduced

29 January 1987

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to permit qualified pension and annuity plans to make distributions to participants for purposes of acquiring, constructing, or rehabilitating a dwelling unit if: (1) within a reasonable period of time such dwelling unit is to be used as the principal residence of the participant; and (2) such participant has not previously received a distribution for such purposes.

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 29 January 1987
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/100th-congress/house-bill/903
Open data entity: https://api.congress.gov/v3/bill/100/hr/903