HR 4027
103th Congress
House
Taxation
Disaster relief
Disasters
Emergency Management
Excise tax
Income tax
Individual retirement accounts
Labor and Employment
Losses
Pension funds
Tax exclusion
Tax penalties
Tax-deferred compensation plans
Trusts and trustees
To amend the Internal Revenue Code of 1986 to allow penalty-free withdrawals from certain retirement plans for the repair or replacement of certain property damaged in a Presidentially-declared disaster.
Introduced: March 11, 1994
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 11, 1994
Referred to the House Committee on Ways and Means.
Mar 11, 1994
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to allow penalty-free distributions from certain retirement plans to pay for the repair or replacement of qualified disaster-damaged property.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1