A bill to allow employees of a commercial passenger airline carrier who receive payments in a bankruptcy proceeding to roll over such payments into an individual retirement plan, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

18 December 2007

Last action

—

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S15919-15920)

Summary

Allows employees of commercial passenger airlines who receive payments from a bankruptcy case filed between September 11, 2001, and January 1, 2007, as compensation for lost pension plan benefits to rollover such payments into an individual retirement account (IRA), except for a Roth IRA, without tax or tax penalty.

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Votes

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Versions

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Documents

3 official files

Introduced in Senate (text)
Introduced in Senate · EN · 18 December 2007
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Introduced in Senate (PDF)
Introduced in Senate · EN · 18 December 2007
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Introduced in Senate
summary · EN · 18 December 2007
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Sources

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Official source: https://www.congress.gov/bill/110th-congress/senate-bill/2505
Open data entity: https://api.congress.gov/v3/bill/110/s/2505