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- H.R.1094
H.R.1094: To amend the Internal Revenue Code of 1986 to provide that distributions to involuntarily unemployed individuals from individual retirement accounts will not be subject to the additional tax on early distributions.
About This Bill
- Introduced Feb. 24, 1993
- Latest Major Action Feb. 24, 1993
Bill Sponsor
Bill Cosponsors
32 (27 Democrats, 5 Republicans)
Bill Summary
Amends the Internal Revenue Code to exempt from the additional tax on early distributions from retirement plans distributions to involuntarily unemployed individuals. Provides a method for such individuals to recontribute distributions and makes the recontributions deductible.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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Feb. 24, 1993 |
Introduced in the House by Julian C. Dixon (D-Calif.) |