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United States · Bill · S

S. 1714 (106th)

A bill to amend the Internal Revenue Code of 1986 to allow penalty-free distributions from qualified retirement plans of individuals residing in presidentially declared disaster areas.

referredUnited States· United States Congress· EN

Introduced

8 October 1999

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Amends the Internal Revenue Code, with respect to exceptions to 10-percent additional tax on early distributions from qualified retirement plans, to allow penalty-free distributions from such plans (used within 90 days of distribution) of individuals residing in presidentially declared disaster areas.

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Versions

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Documents

3 official files

Introduced in Senate (text)

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Sources

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