Correctional Officer Fairness Act of 2014

Summary

Correctional Officer Fairness Act of 2014 - Amends the Internal Revenue Code to exempt from the 10% additional tax on early distributions from tax-exempt retirement plans distributions from a thrift savings fund to a qualified federal correctional officer who has reached age 50 or has completed 25 years of credible service, whichever is earlier. Defines "qualified federal correctional officer" as an individual who is employed by the Bureau of Prisons as a correctional officer and has completed 20 years of creditable service.

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Timeline

1. 28 April 2014

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 28 April 2014

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 28 April 2014 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 28 April 2014

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 28 April 2014

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 28 April 2014

  Open at official source

Sponsors

• Sen. Toomey, Patrick [R-PA] · R · Sponsor
• · ssfi00 · Standing

Related records

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