H.R.4403: Homeowner Disaster Relief Act of 2014

About This Bill

  • Introduced April 4, 2014
  • Latest Major Action April 4, 2014

Bill Summary

Homeowner Disaster Relief Act of 2014 - Amends the Internal Revenue Code to exempt any qualified natural disaster distribution from the 10% penalty on premature distributions from tax-exempt retirement plans. Defines "qualified natural diasaster distribution" as a distribution from a retirement plan to an individual if: (1) such individual sustained an economic loss due to a federally-declared disaster, (2) the principal place of abode of such...

(Source: Library of Congress)

Bill Actions

Date Description
April 4, 2014
Referred to the House Committee on Ways and Means.
April 4, 2014

Introduced in the House by Yvette D. Clarke (D-N.Y.)

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