To amend the Internal Revenue Code of 1986 to allow withdrawals from individual retirement plans without penalty for certain individuals significantly affected by the September 11, 2001, terrorist attacks.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to permit penalty-free withdrawals from individual retirement plans (IRA's) before September 12, 2002, for individuals significantly affected by the terrorist attacks of September 11, 2002, including those who: (1) received unemployment compensation for 12 consecutive weeks; (2) are a ten percent owner of a small business concern that has since suffered a significant negative economic impact; or (3) had a spouse or dependent die as a result of such attacks.…