3.0.0 4193 2023-01-13T04:49:44Z 2023-01-13T04:49:44Z House H HR 2005-11-01 109 hswm00 Ways and Means Committee House Standing Referred to 2005-11-01T17:30:20Z 2005-11-01 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2005-11-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-11-01 Introduced in House IntroReferral 1000 9 Library of Congress R000577 Rep. Ryan, Tim [D-OH-17] TIM RYAN D OH 17 N Taxation Bankruptcy Defined contribution plans Finance and Financial Sector Income tax Labor and Employment Layoffs Plant shutdowns Tax exclusion Tax penalties Tax-deferred compensation plans Taxation 00 2005-11-01 Introduced in House 2005-11-29T20:43:48Z 401(k) Penalty Relief Act of 2005 - Amends the Internal Revenue Code to waive the penalty for premature distributions from a 401(k) retirement plan for employee hardship distributions due to the bankruptcy of an employer, the termination of a retirement plan, or the closure of a facility of the employer.

]]> 401(k) Penalty Relief Act of 2005 Display Title 401(k) Penalty Relief Act of 2005 Official Title as Introduced To amend the Internal Revenue Code of 1986 to waive the 10-percent additional tax on early distributions from section 401(k) plans in the case of hardship of certain employees due to facility closures, employers in bankruptcy, or plan termination proceedings. Introduced in House IH Short Titles as Introduced 401(k) Penalty Relief Act of 2005 Introduced in House 2005-11-01T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr4193ih/xml/BILLS-109hr4193ih.xml 2005-11-01 Referred to the House Committee on Ways and Means. 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.