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HR 8331 117th Congress House Taxation

To amend the Internal Revenue Code of 1986 to temporarily suspend required minimum distribution rules for certain retirement plans and accounts.

Introduced: July 12, 2022 Introduced by: Davidson, Warren Republican · Ohio See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 12, 2022
Referred to the House Committee on Ways and Means.
Jul 12, 2022
Introduced in House
 Plain-English summary Congressional Research Service

This bill suspends in 2020 and 2022 the required minimum distribution rules for defined contribution retirement plans or individual retirement plans. Under current law, participants in tax-exempt retirement plans must begin making distributions of plan amounts at the required beginning date (i.e., April 1 or the calendar year following the later of the calendar year in which the employee attains age 72, or the calendar year in which the employee retires).

What's happening now July 12, 2022

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1