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HR 2968 107th Congress House

Aviation Employee Assistance Relief Act of 2001

Official title: To amend the Internal Revenue Code of 1986 to allow expanded penalty-free withdrawals from certain retirement plans during periods of unemployment for any empl… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to allow expanded penalty-free withdrawals from certain retirement plans during periods of unemployment for any employee of an air carrier or of a manufacturer of aircraft or parts or components of aircraft.

Introduced: October 4, 2001 See on congress.gov
Taxation Aircraft industryAirline employeesCommerceIndividual retirement accounts
More subjectsShow fewer subjects
Labor and EmploymentPension fundsTax exemptionTax penaltiesTax-deferred compensation plansTransportation and Public WorksTransportation workersUnemployment insurance
This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 25, 2001
Referred to the House Committee on Ways and Means.
Sep 25, 2001
Introduced in House
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 Latest action September 25, 2001

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service
Aviation Employee Assistance Relief Act of 2001 - Amends the Internal Revenue Code to exempt from the early withdrawal penalty distributions from qualified retirement plans by individuals separated from employment by air carriers, aircraft manufacturers, or manufacturers of aircraft parts or components.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2968: Aviation Employee Assistance Relief Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-2968/
MLA
"H.R. 2968: Aviation Employee Assistance Relief Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-2968/.
Bluebook (legal)
H.R. 2968, 107th Cong. (2026), https://openamerica.io/bill/107-HR-2968/.
Markdown link
[H.R. 2968: Aviation Employee Assistance Relief Act of 2001](https://openamerica.io/bill/107-HR-2968/)
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