HR 463 · 103th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow farmers who reside in disaster areas or who have a substantial drop in farm income to make penalty-free withdrawals from individual retirement accounts and from certain other retirement plans.

Introduced 1993-01-06· Sponsored by Rep. Kopetski, Mike [D-OR-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Executive Comment Requested from Treasury, Commerce, ITC, USTR.(1993-04-07)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow penalty-free withdrawals from individual retirement accounts or certain retirement plans by farmers who reside in disaster areas or who have had a substantial drop in farm income for the five preceding years.…

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