To amend the Internal Revenue Code of 1986 to expand the availability of penalty-free distributions to unemployed individuals from retirement plans.
The bill’s titles are written by its sponsor.
Sponsor. Representative for New Jersey's 12th congressional district. Democrat.
Last Updated: Apr 15, 2016
Length: 4 pages
Apr 15, 2016
114th Congress, 2015–2017
Died in a previous Congress
This bill was introduced on April 15, 2016, in a previous session of Congress, but was not enacted.
Apr 15, 2016
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
H.R. 4972 (114th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
This bill was introduced in the 114th Congress, which met from Jan 6, 2015 to Jan 3, 2017. Legislation not enacted by the end of a Congress is cleared from the books.
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Civic Impulse. (2017). H.R. 4972 — 114th Congress: Expanding Penalty Free Withdrawal Act of 2016. Retrieved from https://www.govtrack.us/congress/bills/114/hr4972
“H.R. 4972 — 114th Congress: Expanding Penalty Free Withdrawal Act of 2016.” www.GovTrack.us. 2016. December 17, 2017 <https://www.govtrack.us/congress/bills/114/hr4972>
|title=H.R. 4972 (114th)
|accessdate=December 17, 2017
|author=114th Congress (2016)
|date=April 15, 2016
|quote=Expanding Penalty Free Withdrawal Act of 2016
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