HR 1404 · 100th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to repeal the 10 percent additional tax for early distributions from individual retirement plans.

Introduced 1987-03-04· Sponsored by Rep. Hertel, Dennis M. [D-MI-14]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1987-03-04)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to repeal the ten percent additional tax on early distributions from individual retirement accounts or individual retirement annuities.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (4)

3 Democrats1 Republican
Rep. Roe, Robert A. [D-NJ-8]NJ
Rep. Davis, Jack [R-IL-4]IL
Rep. Jones, Walter B. [D-NC-1]NC
Rep. Dyson, Roy [D-MD-1]MD