HR 6719 · 110th Congress · Taxation

Small Business Access to Savings Act of 2008

Introduced 2008-07-31· Sponsored by Rep. Bean, Melissa L. [D-IL-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2008-07-31)

Plain Language Summary

[AI summary unavailable — showing source text] Small Business Access to Savings Act of 2008 - Amends the Internal Revenue Code to allow a tax-free hardship distribution from a 401k pension plan to prevent the insolvency of a trade or business of the plan participant.…

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