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United States · Bill · S

S. 1055 (101st)

A bill to amend the Internal Revenue Code of 1986 to exempt retired public safety officers from the early withdrawal tax on pension distributions.

referredUnited States· United States Congress· EN

Introduced

18 May 1989

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

Amends the Internal Revenue Code to exempt from the ten percent penalty tax on early distributions any distribution received on or after retirement by qualified public safety officers (law enforcement or corrections officers, firefighters, or emergency service personnel) under a deferred compensation plan maintained by a Federal or other governmental entity.

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Votes

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Versions

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Documents

2 official files

Sponsors

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Sources

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