HR 253 · 106th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow penalty-free withdrawals from retirement plans to provide medical care for relatives who are 55 years old or older.

Introduced 1999-01-06· Sponsored by Rep. Saxton, Jim [R-NJ-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1999-01-06)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to permit penalty-free withdrawals from retirement plans to provide medical care for qualified relatives over the age of 55.…

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

Cosponsors (1)

1 Republican
Rep. Smith, Christopher H. [R-NJ-4]NJ