HR 3489 · 107th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow expanded penalty-free withdrawals from certain retirement plans during periods of unemployment.

Introduced 2001-12-13· Sponsored by Rep. Goode, Virgil H., Jr. [I-VA-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-12-13)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exempt from the early withdrawal penalty distributions from qualified retirement plans by individuals separated from employment, as specified.…

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

Cosponsors (1)

1 Democrat
Rep. Frank, Barney [D-MA-4]MA