HR 527
103th Congress
House
Taxation
Income tax
Individual retirement accounts
Tax deductions
Tax exclusion
Tax penalties
Tax-deferred compensation plans
To amend the Internal Revenue Code of 1986 to permit individuals who withdrew certain amounts from individual retirement accounts to recontribute such amounts.
Introduced: January 21, 1993
Introduced by:
Neal, Richard E.
Democratic
· Massachusetts
See on congress.gov
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
Amends the Internal Revenue Code to allow an individual to recontribute a distribution from an individual retirement plan if: (1) such distribution is received during the six-year period beginning on the date three years before the date of the enactment of this Act; and (2) the ten-percent penalty tax on early distributions was imposed.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1