S 969
114th Congress
Senate
Taxation
Aviation and airports
Department of Defense
Department of Justice
Department of Transportation
Employee benefits and pensions
Fires
Government employee pay, benefits, personnel management
Income tax exclusion
Law enforcement officers
Sales and excise taxes
Federal Public Safety Retirement Fairness Act of 2015
Introduced: April 16, 2015
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 16, 2015
Read twice and referred to the Committee on Finance.
Apr 16, 2015
Introduced in Senate
Plain-English summary
Federal Public Safety Retirement Fairness Act of 2015
This bill amends the Internal Revenue Code to exempt from the 10% additional tax on early distributions from tax-exempt retirement plans distributions from a thrift savings fund to a qualified law enforcement officer who has reached age 50 or has completed 25 years of credible service, whichever is earlier. The bill defines "qualified law enforcement officer" as an individual who is employed by the federal government as a law enforcement officer or as a firefighter and has completed 20 years of creditable service, or an individual who is employed as an air traffic controller and has completed 20 years of creditable service.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1