Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.1656
S.1656: Hardship Outlays to protect Mortgagee Equity (HOME) Act
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 (HOME) Act - 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 |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| Oct. 5, 2011 |
Introduced in the Senate by Johnny Isakson (R-Ga.) |