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S 486 116th Congress Senate Taxation Appropriations District of Columbia Employee benefits and pensions Executive agency funding and structure Government employee pay, benefits, personnel management Income tax exclusion Income tax rates Public contracts and procurement State and local government operations

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: Cassidy, Bill Republican · Louisiana See on congress.gov
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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 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.

What's happening now February 14, 2019

Read twice and referred to the Committee on Finance.

 Related & companion bills 2
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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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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