HR 903
100th Congress
House
Taxation
Annuities
Employee benefit plans
Home ownership
Housing and Housing Finance
Housing finance
Income tax
Labor and Employment
Tax-deferred compensation plans
A bill to amend the Internal Revenue Code of 1954 to permit pension and annuity plans to make distributions to participants for purposes of acquiring a principal residence.
Introduced: January 29, 1987
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 29, 1987
Referred to House Committee on Ways and Means.
Jan 29, 1987
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to permit qualified pension and annuity plans to make distributions to participants for purposes of acquiring, constructing, or rehabilitating a dwelling unit if: (1) within a reasonable period of time such dwelling unit is to be used as the principal residence of the participant; and (2) such participant has not previously received a distribution for such purposes.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1