H.R. 4857 (111th): To amend title 5, United States Code, to allow amounts to be transferred from a qualified tuition program to the Thrift Savings Plan for the benefit of any individual who is eligible to participate in such Plan by virtue of being a member of the uniformed services or of the Ready Reserve, and for other purposes.

Introduced:
Mar 16, 2010 (111th Congress, 2009–2010)
Sponsor:
Rep. Paul Hodes [D-NH2]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on March 16, 2010, in a previous session of Congress, but was not enacted.

Progress
Introduced Mar 16, 2010
Cosponsors
none
Committees

House Oversight and Government Reform

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

Summary

No summaries available.

Text

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Last updated Mar 16, 2010.
5 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

3/16/2010--Introduced.
Allows a person to transfer to the Thrift Savings Fund account of any qualified member contributions previously made by such person under a qualified tuition program for which such member is the designated beneficiary. Defines "qualified member" to mean any member of the uniformed services serving on active duty or any member of the Ready Reserve in any pay status who: (1) is eligible to participate in the Thrift Savings Plan; and (2) provides any information necessary to identify or establish such member's account and to effect such transfer. Permits such a transfer for the benefit of a qualified member to be made irrespective of whether such member has otherwise elected to participate. Amends the Internal Revenue Code to exclude any such qualified tuition program distribution to a Thrift Savings Fund from the distributee's gross income.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)