US SB2495 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on September 18 2019 - 25% progression, died in committee
Action: 2019-09-18 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 18 2019 - 25% progression, died in committee
Action: 2019-09-18 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Permits early distributions, without penalty, from tax-preferred pension plans to individuals diagnosed with a terminal illness (i.e., an illness or physical condition that can be reasonably expected to result in death seven years after diagnosis).
Title
Compassionate Retirement Act of 2019 Kathryn Manginelli Act of 2019
Sponsors
Sen. Richard Burr [R-NC] | Sen. Michael Bennet [D-CO] |
History
Date | Chamber | Action |
---|---|---|
2019-09-18 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
Employee benefits and pensions
Income tax deferral
Income tax exclusion
Long-term, rehabilitative, and terminal care
Taxation
Income tax deferral
Income tax exclusion
Long-term, rehabilitative, and terminal care
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2495/all-info |
Text | https://www.congress.gov/116/bills/s2495/BILLS-116s2495is.pdf |