HR 2760 · 102th Congress · Taxation

To amend the Internal Revenue Code of 1986 to provide an exception from the early distribution penalty for any qualified retirement plan distribution which is required on account of financial hardship.

Introduced 1991-06-25· Sponsored by Rep. Moody, Jim [D-WI-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1991-06-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide an exception from the additional tax on early distributions from qualified retirement plans for distributions made to an employee upon financial hardship of such employee.…

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

Cosponsors (1)

1 Republican
Rep. Gunderson, Steve [R-WI-3]WI