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- H.R.3287
H.R.3287: SEAL 401(k) Savings Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced Nov. 1, 2011
- Latest Major Action Nov. 1, 2011
Bill Sponsor
Bill Summary
Savings Enhancement by Alleviating Leakage in 401(k) Savings Act of 2011 or the SEAL 401(k) Savings Act - Amends the Internal Revenue Code, with respect to loans made from a qualified employer plan, to extend the period for repayment of loans if a plan terminates or a plan participant becomes unemployed. Requires the Secretary of the Treasury to modify regulations governing hardship distributions from qualified employer plans to allow...
(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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Nov. 1, 2011 |
Introduced in the House by Sam Johnson (R-Texas) |