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- H.R.1526
H.R.1526: Housing Recovery Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced April 13, 2011
- Latest Major Action April 13, 2011
Bill Sponsor
Bill Cosponsor
Bill Summary
Housing Recovery Act of 2011 - Amends the Internal Revenue Code to allow a premature distribution from a tax-exempt retirement plan without penalty if such distribution is used to acquire a residence which has been in foreclosure for one year prior to the date of such acquisition and such residence is not sold or otherwise disposed of for two years beginning on the date of such acquisition.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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April 13, 2011 |
Introduced in the House by Bill Posey (R-Fla.) |