A bill to amend the Railroad Retirement Act of 1974 with respect to the exemption from legal process of certain benefits under such Act.

[AI summary unavailable — showing source text] Amends the Railroad Retirement Act of 1974 to provide that such Act shall not operate to prohibit the characterization or treatment under State law of certain annuities as community property or property subject to distribution for the purpose of divorce, annulment, or legal separation or the terms of any court-approved property settlement.…