H.R. 7016
Referred to CommitteeFairness for Early Withdrawers Act
Introduced 5/26/2020•116th Congress•House
Latest Action
Referred to the House Committee on Ways and Means.
5/26/2020 • House
Summary
Fairness for Early Withdrawers Act
This bill allows tax-preferred pension plan participants to recontribute distributions from such plans made prior to December 1, 2020, without regard to the 60-day rule that requires a rollover of distributions to another plan within 60 days after receipt of such distributions.
Introduced in House • 5/26/2020
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Topics & Subjects
Policy Area: Taxation
Employee benefits and pensionsFinancial services and investmentsIncome tax deferral
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (6)
Party Breakdown
3
Democrats
3
Republicans
0
Independents
Sponsor
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Cosponsors (5)
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Bill Journey
Originated in the House
Introduced
May 26, 2020
Referred to the House Committee on Ways and Means.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in House5/26/2020