HR 2303
102th Congress
House
Taxation
Dislocated workers
Employee benefit plans
Income tax
Individual retirement accounts
Tax exclusion
Tax-deferred compensation plans
To amend the Internal Revenue Code of 1986 to allow penalty-free withdrawals from retirement plans by displaced workers.
Introduced: May 9, 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
May 9, 1991
Referred to the House Committee on Ways and Means.
May 9, 1991
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to allow penalty-free withdrawals from retirement plans by certain displaced workers. Sets forth a formula for the maximum amount of such withdrawals and provides a cost-of-living adjustment for such amount.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1