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HR 1661 112th Congress House Taxation Business investment and capital Credit and credit markets Employee benefits and pensions Sales and excise taxes Small business Wages and earnings

Small Business Tax Relief and Retirement Restoration Act of 2011

Introduced: April 15, 2011 See on congress.gov
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) 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
Apr 15, 2011
Referred to the House Committee on Ways and Means.
Apr 15, 2011
Introduced in House
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 Plain-English summary Congressional Research Service

Small Business Tax Relief and Retirement Restoration Act of 2011 - Amends the Internal Revenue Code to permit until December 31, 2011, penalty-free distributions from an individual retirement account (IRA) or a qualified employer plan for the purpose of making loans to a small business to purchase depreciable property to be used by such business or for employee salaries or wages (other than for bonuses). Requires such loans to be repaid to the IRA within five years.

What's happening now April 15, 2011

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 3 Republican 2
R
Latta, Robert E.
Ohio · Nov 15, 2011
 R
Simpson, Michael K.
Idaho · May 2, 2011
 D
Clarke, Yvette D.
New York · Apr 15, 2011
 D
Courtney, Joe
Connecticut · Apr 15, 2011
 D
Keating, William R.
Massachusetts · Apr 15, 2011
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1661: Small Business Tax Relief and Retirement Restoration Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-1661/
MLA
"H.R. 1661: Small Business Tax Relief and Retirement Restoration Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-1661/.
Bluebook (legal)
H.R. 1661, 112th Cong. (2026), https://openamerica.io/bill/112-HR-1661/.
Markdown link
[H.R. 1661: Small Business Tax Relief and Retirement Restoration Act of 2011](https://openamerica.io/bill/112-HR-1661/)
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