S 1657
111th Congress
Senate
Taxation
Emergency medical services and trauma care
Fires
Government employee pay, benefits, personnel management
Health personnel
Income tax exclusion
Law enforcement officers
Tax administration and collection, taxpayers
A bill to amend the Internal Revenue Code of 1986 to modify the exception from the 10 percent penalty for early withdrawals from government plans for qualified public safety employees.
Introduced: September 9, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 9, 2009
Read twice and referred to the Committee on Finance.
Sep 9, 2009
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to: (1) modify the exemption from the 10% penalty for premature distributions from governmental employee benefit plans to qualified public safety employees to eliminate the restriction that such plans be defined benefit plans; and (2) exempt from tax penalties certain periodic payments made to qualified public safety employees before the enactment of the Pension Protection Act of 2006 (i.e., August 17, 2006).
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1