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H.R. 1295 (116th): Expanding Penalty Free Withdrawal Act of 2019

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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 and status

Bonnie Watson Coleman

Sponsor. Representative for New Jersey's 12th congressional district. Democrat.

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Last Updated: Feb 14, 2019
Length: 4 pages
Introduced
Feb 14, 2019
116th Congress (2019–2021)
Status
Died in a previous Congress

This bill was introduced on February 14, 2019, in a previous session of Congress, but it did not receive a vote.

Cosponsors

9 Cosponsors (9 Democrats)

Source

History

Feb 14, 2019
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

H.R. 1295 (116th) 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.

Bills numbers restart every two years. That means there are other bills with the number H.R. 1295. This is the one from the 116th Congress.

This bill was introduced in the 116th Congress, which met from Jan 3, 2019 to Jan 3, 2021. Legislation not passed by the end of a Congress is cleared from the books.

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“H.R. 1295 — 116th Congress: Expanding Penalty Free Withdrawal Act of 2019.” www.GovTrack.us. 2019. June 23, 2021 <https://www.govtrack.us/congress/bills/116/hr1295>

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GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.