H.R. 2030
Referred to CommitteeSavings Enhancement by Alleviating Leakage in 401(k) Savings Act
Latest Action
Referred to the House Committee on Ways and Means.
4/6/2017 • House
Summary
Savings Enhancement by Alleviating Leakage in 401(k) Savings Act
This bill amends the Internal Revenue Code, with respect to loans made from a qualified employer plan, to extend the period for repayment of loans if a plan terminates or a plan participant becomes unemployed.
The bill also requires the Department of the Treasury to modify regulations governing hardship distributions from qualified employer plans to allow participants to make additional contributions to a plan during the six-month period following a hardship distribution.
Introduced in House • 4/6/2017
Topics & Subjects
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Related Federal Spending
Sponsor & Cosponsors (3)
Party Breakdown
Sponsor
Cosponsors (2)
Bill Journey
Originated in the House
Introduced
April 6, 2017
Referred to the House Committee on Ways and Means.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Related Bills (3)
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