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HR 503 103th Congress House Taxation Income tax Individual retirement accounts Tax-deferred compensation plans Withholding tax

To repeal the mandatory 20 percent income tax withholding on eligible rollover distributions which are not rolled over.

Introduced: January 21, 1993 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
Jan 21, 1993
Referred to the House Committee on Ways and Means.
Jan 21, 1993
Introduced in House
 Plain-English summary Congressional Research Service

Repeals provisions of the Unemployment Compensation Amendments of 1992 which require 20 percent income tax withholding on eligible rollover distributions of pension plans which are not rolled over into eligible retirement plans. Requires the Internal Revenue Code to be applied as if such provisions had never been enacted.

What's happening now January 21, 1993

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1