H.R.3104: Hardship Outlays to protect Mortgagee Equity Act of 2011

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about taxation
  • Introduced Oct. 5, 2011
  • Latest Major Action Oct. 5, 2011

Bill Sponsor

Bill Summary

Hardship Outlays to protect Mortgagee Equity Act of 2011 or the HOME Act of 2011 - Amends the Internal Revenue Code to allow taxpayers to withdraw amounts from their tax-exempt pension and retirement plans, without incurring the 10% penalty otherwise imposed on such withdrawals, to make mortgage payments on their principal residences.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Oct. 5, 2011

Introduced in the House by Tom Graves (R-Ga.)

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