A bill to amend certain provisions of the FAA Modernization and Reform Act of 2012.

Summary

Amends the FAA Modernization and Reform Act of 2012, with respect to rollovers to a traditional or Roth individual retirement account (IRA) of payments to qualified airline employees in commercial airline carrier bankruptcy cases, to: (1) extend the period for filing a claim for refund of an overpayment of tax resulting from the receipt of such payments (i.e., by the later of April 15, 2015, or the expiration of the limitation period for filing refund claims); (2) modify the definition of "airline payment amount" to include payments in an airline carrier bankruptcy case filed after September 11, 2001, and before January 1, 2007, or on November 29, 2011; and (3) modify the definition of "qualified airline employee" to include an employee who was a participant in a defined benefit plan maintained by an airline carrier that was frozen effective November 1, 2012.

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Documents

6 official files

• Engrossed in Senate (text)

  Engrossed in Senate · EN · 10 December 2014

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• Engrossed in Senate (PDF)

  Engrossed in Senate · EN · 10 December 2014

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• Passed Senate without amendment

  summary · EN · 10 December 2014

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• Introduced in Senate (text)

  Introduced in Senate · EN · 16 July 2014

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 16 July 2014

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• Introduced in Senate

  summary · EN · 16 July 2014

  Open at official source

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