To amend the Internal Revenue Code of 1986 to permit penalty-free withdrawals from individual retirement plans for reservists called to active duty as a result of Operation Desert Shield or Operation Desert Storm.

Summary

Official

Amends the Internal Revenue Code to allow penalty-free withdrawals from an individual retirement plan if distributed to an Operation Desert Storm reservist within 180 days after the termination of active duty.

How would you vote on this bill?

Yes No

Bill Progress

Bill has been introduced and assigned a number

Introduced(2/20/91)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. RHODES

(R) AZ – 1

Cosponsors (20)

ESPY

(D) MS

HORTON

(R) NY

BACCHUS

(D) FL

KOLBE

(R) AZ

BILBRAY

(D) NV

LLOYD

(D) TN

SKELTON

(D) MO

RANGEL

(D) NY

WILSON

(D) TX

HEFLEY

(R) CO

Latest Action

Referred to the House Committee on Ways and Means.

Feb 20, 1991