HR 3104
112th Congress
House
Taxation
Employee benefits and pensions
Housing finance and home ownership
Income tax exclusion
HOME Act of 2011
Introduced: October 5, 2011
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 5, 2011
Referred to the House Committee on Ways and Means.
Oct 5, 2011
Introduced in House
Plain-English summary
Hardship Outlays to protect Mortgagee Equity Act of 2011 or the HOME Act of 2011 - Amends the Internal Revenue Code to allow taxpayers to withdraw amounts from their tax-exempt pension and retirement plans, without incurring the 10% penalty otherwise imposed on such withdrawals, to make mortgage payments on their principal residences.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1