HR 1016 · 102th Congress · Taxation

To amend the Internal Revenue Code of 1986 to permit penalty-free withdrawals from individual retirement plans for reservists called to active duty as a result of Operation Desert Shield or Operation Desert Storm.

Introduced 1991-02-20· Sponsored by Rep. Rhodes, John J., III [R-AZ-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1991-02-20)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow penalty-free withdrawals from an individual retirement plan if distributed to an Operation Desert Storm reservist within 180 days after the termination of active duty.…

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

Cosponsors (20)

11 Democrats9 Republicans
Rep. Herger, Wally [R-CA-2]CA
Rep. Espy, Mike [D-MS-2]MS
Rep. Skelton, Ike [D-MO-4]MO
Rep. Horton, Frank J. [R-NY-29]NY
Rep. Kolbe, Jim [R-AZ-5]AZ
Rep. Wyden, Ron [D-OR-3]OR
Rep. Bacchus, Jim [D-FL-11]FL
Rep. Riggs, Frank [R-CA-1]CA
Rep. Wilson, Charles [D-TX-2]TX
Rep. Harris, Claude [D-AL-7]AL
Rep. Bentley, Helen Delich [R-MD-2]MD
Rep. Oxley, Michael G. [R-OH-4]OH
Rep. Rangel, Charles B. [D-NY-16]NY
Rep. Smith, Lawrence [D-FL-16]FL
Rep. Hefley, Joel [R-CO-5]CO
Rep. Bilbray, James H. [D-NV-1]NV
Rep. Boehner, John A. [R-OH-8]OH
Rep. Paxon, Bill [R-NY-31]NY
Rep. Lloyd, Marilyn [D-TN-3]TN
Rep. LaFalce, John J. [D-NY-32]NY