A bill to amend the Internal Revenue Code of 1986 to permit penalty-free distributions from qualified retirement plans for unemployed individuals.

Summary

Amends the Internal Revenue Code to allow penalty-free withdrawals from retirement plans by individuals who are unemployed, if: (1) such individuals have received unemployment compensation for 12 consecutive weeks; and (2) distributions are made in the year during which such compensation was paid or the succeeding year.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 2 March 1993

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 2 March 1993

   Introduced

   Sponsor introductory remarks on measure. (CR S2224)

   Source: IntroReferral

3. 2 March 1993

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 2 March 1993 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 2 March 1993

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 2 March 1993

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 2 March 1993

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. DeConcini, Dennis [D-AZ] · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → To amend the Internal Revenue Code of 1986 to permit penalty-free distributions from qualified retirement plans for unemployed individuals.