Legislators
Bills
Statements
Lobbying
Travel
- Bills
- H.R.6241
H.R.6241: To amend the Internal Revenue Code of 1986 to provide for rules for the use of retirement funds in connection with federally declared disasters.
About This Bill
- Introduced Dec. 9, 2021
- Latest Major Action Dec. 9, 2021
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - Dec. 9, 2021
Bill Summary
This bill allows penalty-free distributions from tax-exempt retirement plans for a federally declared disaster (i.e., a qualified disaster recovery distribution). The bill defines qualified disaster recovery distribution as any distribution within a 180 day period after a disaster declaration that is made to an individual whose principal residence is located in a qualified disaster area (an area for which a major disaster has been declared)...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Dec. 9, 2021 |
Referred to the House Committee on Ways and Means.
|
Dec. 9, 2021 |
Introduced in the House by Mike Thompson (D-Calif.) |