S.486: A bill to waive the penalty for withdrawals from retirement plans for certain Federal employees and contractors affected by a lapse in appropriations, and for other purposes.

About This Bill

  • Introduced Feb. 14, 2019
  • Latest Major Action Feb. 14, 2019

Bill Sponsor

Bill Cosponsor

Bill Version

Bill Summary

This bill allows certain employees who are not paid during a lapse in federal appropriations to make penalty-free withdrawals from retirement accounts. The bill applies to employees of the federal government, federal contractors, federal grantees, and the District of Columbia.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with S.486.

Bill Actions

Date Description
Feb. 14, 2019
Read twice and referred to the Committee on Finance.
Feb. 14, 2019

Introduced in the Senate by Bill Cassidy (R-La.)

Close Comment Creative Commons Donate Email Facebook Mobile Phone Podcast Print Google News logo Google_NewsInitiative_Lockup_FullColor RSS Search Search Twitter WhatsApp Resolving differences Check Building Arrow right Info circle Oops OOPS Pencil File text Bars Search Close Cogs Filter Compare Revolving Door Info card Activity Member menu Globe Document External link Quote News Calendar No Vote
Current site Current page