HR 1114
102th Congress
House
Taxation
Home ownership
Housing and Community Development
Housing finance
Income tax
Individual retirement accounts
Tax penalties
Affordable Housing for Young Americans Act
Introduced: February 26, 1991
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 26, 1991
Referred to the House Committee on Ways and Means.
Feb 26, 1991
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1