H.R.4147: To provide for rollover treatment to traditional IRAs of amounts received in airline carrier bankruptcy.

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Bill Summary

Allows commercial airline employees who were participants in a tax-exempt defined benefit pension plan of a commercial airline that was terminated or otherwise restricted to transfer to a traditional individual retirement account (IRA) any amount received from the airline resulting from a bankruptcy proceeding filed after September 11, 2001, and before January 1, 2007. Excludes from the gross income of such employees any such amount received...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Nov. 19, 2009

Introduced in the House by John Lewis (D-Ga.)

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