3.0.0 2375 2023-01-15T04:49:05Z 2023-01-15T04:49:05Z Senate S S 2004-05-03 108 ssfi00 Finance Committee Senate Standing Referred to 2004-05-03T22:19:27Z Guardsmen and Reservists Financial Relief Act of 2004 108 1779 HR 2004-10-11 Passed Senate with an amendment by Unanimous Consent. Identical bill CRS Guardsmen and Reservists Financial Relief Act of 2004 108 2474 S 2004-05-21 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6093) Identical bill CRS 2004-05-03 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2004-05-03 Sponsor introductory remarks on measure. (CR S4769) IntroReferral B00100 9 Library of Congress 2004-05-03 Introduced in Senate IntroReferral 10000 9 Library of Congress H000338 Sen. Hatch, Orrin G. [R-UT] ORRIN HATCH R UT GRANT N Taxation Armed Forces and National Security Armed forces reserves Income tax Individual retirement accounts Labor and Employment National Guard Pension funds Tax exclusion Tax penalties Tax-deferred compensation plans Taxation 00 2004-05-03 Introduced in Senate 2004-07-13T20:09:11Z Guardsmen and Reservists Financial Relief Act of 2004 - Amends the Internal Revenue Code to exempt from the ten percent penalty on early distributions from tax-exempt retirement plans withdrawals made by military reservists or national guardsmen called to active duty for a period in excess of 179 days or for an indefinite period. Permits reimbursement of such withdrawals within two years after the end of the active duty period.

Applies the provisions of this Act to individuals ordered or called to active duty after September 11, 2001, and before September 12, 2005, for retirement plan distributions made after September 11, 2001.]]>

Guardsmen and Reservists Financial Relief Act of 2004 Display Title Guardsmen and Reservists Financial Relief Act of 2004 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to allow penalty-free withdrawals from retirement plans during the period that a military reservist or national guardsman is called to active duty for an extended period, and for other purposes. Introduced in Senate IS Short Titles as Introduced Guardsmen and Reservists Financial Relief Act of 2004 Introduced in Senate 2004-05-03T04:00:00Z 2004-05-03 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.