HR 3762 · 103th Congress · Taxation

To amend the Internal Revenue Code of 1986 to permit the penalty-free withdrawal of amounts in retirement plans to pay for disaster-related expenses.

Introduced 1994-02-02· Sponsored by Rep. Gallegly, Elton [R-CA-23]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1994-02-02)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow penalty-free withdrawals from individual retirement plans for expenses related to a federally-declared disaster.…

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

Cosponsors (20)

7 Democrats13 Republicans
Rep. Berman, Howard L. [D-CA-26]CA
Rep. Mink, Patsy T. [D-HI-2]HI
Rep. Linder, John [R-GA-4]GA
Rep. Bateman, Herbert H. [R-VA-1]VA
Del. Faleomavaega, Eni F. H. [D-AS-At Large]AS
Rep. Fish, Hamilton, Jr. [R-NY-19]NY
Rep. Cox, Christopher [R-CA-47]CA
Rep. McKeon, Howard P. "Buck" [R-CA-25]CA
Rep. Baker, Bill [R-CA-10]CA
Rep. Cunningham, Randy (Duke) [R-CA-51]CA
Rep. Rohrabacher, Dana [R-CA-45]CA
Rep. Fowler, Tillie [R-FL-4]FL
Rep. Molinari, Susan [R-NY-13]NY
Rep. Calvert, Ken [R-CA-43]CA
Rep. Hastings, Alcee L. [D-FL-23]FL
Rep. Swift, Al [D-WA-2]WA
Rep. Weldon, Curt [R-PA-7]PA
Rep. Lipinski, William O. [D-IL-3]IL
Rep. Kim, Jay [R-CA-41]CA
Del. Underwood, Robert A. [D-GU-At Large]GU