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.
Taxation
Aircraft industryAirline employeesCommerceIndividual retirement accounts
More subjectsShow fewer subjects
Labor and EmploymentPension fundsTax exemptionTax penaltiesTax-deferred compensation plansTransportation and Public WorksTransportation workersUnemployment insurance
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
Referred to the House Committee on Ways and Means.
Plain-English summary
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
- Introduced in House Formatted Text PDF
Committees of jurisdiction
1
Cosponsors
3
Cite this page
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/
"H.R. 2968: Aviation Employee Assistance Relief Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-2968/.
H.R. 2968, 107th Cong. (2026), https://openamerica.io/bill/107-HR-2968/.
[H.R. 2968: Aviation Employee Assistance Relief Act of 2001](https://openamerica.io/bill/107-HR-2968/)