Bill Text — Oct 5, 2011
This bill’s text is now available.
Oct 5, 2011
112th Congress, 2011–2013
This bill was introduced on October 5, 2011, in a previous session of Congress, but was not enacted.
Senior Senator from Georgia
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Last Updated: Oct 5, 2011
Length: 5 pages
A bill to amend the Internal Revenue Code of 1986 to provide penalty free distributions from certain retirement plans for mortgage payments with respect to a principal residence and to modify the rules governing hardship distributions.
Hardship Outlays to protect Mortgagee Equity (HOME) Act - Amends the Internal Revenue Code to allow taxpayers to withdraw amounts from their tax-exempt pension and retirement plans, without incurring the ... Read more >
The bill’s title was written by its sponsor.
This is the first step in the legislative process.
This is a Senate bill in the United States Congress (indicated by the “S.” in “S. 1656”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
The committee chair determines whether a bill will move past the committee stage.
There have been no roll call votes related to this bill.
Click a format for a citation suggestion:
Civic Impulse. (2015). S. 1656 — 112th Congress: Hardship Outlays to protect Mortgagee Equity (HOME) Act. Retrieved from https://www.govtrack.us/congress/bills/112/s1656
“S. 1656 — 112th Congress: Hardship Outlays to protect Mortgagee Equity (HOME) Act.” www.GovTrack.us. 2011. October 7, 2015 <https://www.govtrack.us/congress/bills/112/s1656>
|title=S. 1656 (112th)
|accessdate=October 7, 2015
|author=112th Congress (2011)
|date=October 5, 2011
|quote=Hardship Outlays to protect Mortgagee Equity (HOME) Act