US HB656 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 22 2009 - 25% progression, died in committee
Action: 2009-01-22 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 22 2009 - 25% progression, died in committee
Action: 2009-01-22 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to make the 10% additional tax on early distributions from qualified retirement plans inapplicable to individuals who have attained the age of 50 and who have been receiving unemployment compensation for 12 consecutive weeks.
Title
To amend the Internal Revenue Code of 1986 to allow certain individuals who have attained age 50 and who are unemployed to receive distributions from qualified retirement plans without incurring a 10 percent additional tax.
Sponsors
Rep. Kay Granger [R-TX] | Rep. Walter Jones [R-NC] | Rep. Todd Platts [R-PA] |
History
Date | Chamber | Action |
---|---|---|
2009-01-22 | Referred to the House Committee on Ways and Means. |
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/111th-congress/house-bill/656/all-info |
Text | https://www.congress.gov/111/bills/hr656/BILLS-111hr656ih.pdf |