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S. 486 116th Congress Senate

A bill to waive the penalty for withdrawals from retirement plans for certain Federal employees and contractors affected by a lapse in appropriations, and for other purposes.

Introduced: February 14, 2019 Introduced by: Bill Cassidy Republican · Louisiana See on congress.gov
Taxation AppropriationsDistrict of ColumbiaEmployee benefits and pensionsExecutive agency funding and structure
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Government employee pay, benefits, personnel managementIncome tax exclusionIncome tax ratesPublic contracts and procurementState and local government operations
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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
Feb 14, 2019
Read twice and referred to the Committee on Finance.
Feb 14, 2019
Introduced in Senate
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 Latest action February 14, 2019

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

This bill allows certain employees who are not paid during a lapse in federal appropriations to make penalty-free withdrawals from retirement accounts. The bill applies to employees of the federal government, federal contractors, federal grantees, and the District of Columbia.

 Related & companion bills 2
  • HR 545 Financial Relief for Feds Act of 2019
  • HR 766 To allow penalty-free distributions from retirement accounts in the case of Federal employees and certain Federal contr…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Warner, Mark R.
Virginia · Feb 14, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). S. 486: A bill to waive the penalty for withdrawals from retirement plans for certain Federal employees and contractors affected by a lapse in appropriations, and for other purposes.. 116th Congress. Open America. https://openamerica.io/bill/116-S-486/
MLA
"S. 486: A bill to waive the penalty for withdrawals from retirement plans for certain Federal employees and contractors affected by a lapse in appropriations, and for other purposes.." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-486/.
Bluebook (legal)
S. 486, 116th Cong. (2026), https://openamerica.io/bill/116-S-486/.
Markdown link
[S. 486: A bill to waive the penalty for withdrawals from retirement plans for certain Federal employees and contractors affected by a lapse in appropriations, and for other purposes.](https://openamerica.io/bill/116-S-486/)
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