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HR 1148 104th Congress House Taxation Annuities Income tax Individual retirement accounts Labor and Employment Pension funds Tax exclusion Tax penalties Tax-deferred compensation plans Unemployed Unemployment insurance

To amend the Internal Revenue Code of 1986 to permit penalty-free withdrawals by unemployed individuals from certain retirement plans.

Introduced: March 7, 1995 See on congress.gov
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 1995
Committee Hearings Held.
Jul 11, 1995
Committee Hearings Held.
Mar 7, 1995
Referred to the House Committee on Ways and Means.
Mar 7, 1995
Sponsor introductory remarks on measure. (CR E533)
Mar 7, 1995
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to exempt from the additional tax on early distribution from retirement plans distributions to individuals during periods of unemployment.

What's happening now July 12, 1995

Committee Hearings Held.

 Committees of jurisdiction 1