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HR 4571 101th Congress House

Affordable Housing for Young Americans Act

Official title: To amend the Internal Revenue Code of 1986 to permit penalty-free withdrawals from individual retirement plans for first home acquisitions by taxpayers or their children or grandchildren.

Introduced: August 3, 1990 See on congress.gov
Taxation Home ownershipHousing and Community DevelopmentHousing financeIncome tax
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Individual retirement accountsTax exclusion
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This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 19, 1990
Referred to the House Committee on Ways and Means.
Apr 19, 1990
Introduced in House
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 Latest action April 19, 1990

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Affordable Housing for Young Americans Act - Amends the Internal Revenue Code to permit penalty-free withdrawals from individual retirement plans for first-time home purchases by taxpayers, their children, or their grandchildren.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Pelosi, Nancy
California · Aug 3, 1990
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4571: Affordable Housing for Young Americans Act. 101st Congress. Open America. https://openamerica.io/bill/101-HR-4571/
MLA
"H.R. 4571: Affordable Housing for Young Americans Act." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-4571/.
Bluebook (legal)
H.R. 4571, 101st Cong. (2026), https://openamerica.io/bill/101-HR-4571/.
Markdown link
[H.R. 4571: Affordable Housing for Young Americans Act](https://openamerica.io/bill/101-HR-4571/)
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