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HR 1016 102th Congress House Taxation Armed forces abroad Armed forces reserves Income tax Individual retirement accounts Military personnel Persian Gulf Persian Gulf War Tax-deferred compensation plans

To amend the Internal Revenue Code of 1986 to permit penalty-free withdrawals from individual retirement plans for reservists called to active duty as a result of Operation Desert Shield or Operation Desert Storm.

Introduced: February 20, 1991 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 20, 1991
Referred to the House Committee on Ways and Means.
Feb 20, 1991
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to allow penalty-free withdrawals from an individual retirement plan if distributed to an Operation Desert Storm reservist within 180 days after the termination of active duty.

What's happening now February 20, 1991

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1