To allow employees of a commercial passenger airline carrier who receive payments in a bankruptcy proceeding to roll over such payments into an individual retirement plan, and for other purposes.

3.0.0 2505 2023-01-11T13:15:24Z 2023-01-11T13:15:24Z Senate S S 2007-12-18 110 ssfi00 Finance Committee Senate Standing Referred to 2007-12-18T23:27:42Z To allow employees of a commercial passenger airline carrier who receive payments in a bankruptcy proceeding to roll over such payments into an individual retirement plan, and for other purposes. 110 4061 HR 2007-11-07 Sponsor introductory remarks on measure. (CR E2341) Related bill CRS 2007-12-18 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S15919-15920) IntroReferral 2007-12-18 Sponsor introductory remarks on measure. (CR S15919) IntroReferral B00100 9 Library of Congress 2007-12-18 Introduced in Senate IntroReferral 10000 9 Library of Congress C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA N H000338 Sen. Hatch, Orrin G. [R-UT] ORRIN HATCH R UT GRANT 2008-02-26 False C000286 Sen. Chambliss, Saxby [R-GA] SAXBY CHAMBLISS R GA 2008-02-26 False I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2008-02-27 False J000177 Sen. Johnson, Tim [D-SD] TIM JOHNSON D SD 2008-03-12 False C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD 2008-03-31 False S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2008-04-15 False G000445 Sen. Gregg, Judd [R-NH] Judd Gregg R NH 2008-04-15 False L000261 Sen. Levin, Carl [D-MI] CARL LEVIN D MI MILTON 2008-05-13 False K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2008-06-24 False B001066 Sen. Bunning, Jim [R-KY] JIM BUNNING R KY 2008-06-25 False S000663 Sen. Snowe, Olympia J. [R-ME] Olympia Snowe R ME J. 2008-07-16 False C001057 Sen. Coleman, Norm [R-MN] Norm Coleman R MN 2008-07-23 False D000388 Sen. Dodd, Christopher J. [D-CT] CHRISTOPHER DODD D CT JOHN 2008-07-29 False K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2008-09-08 False Taxation Airline employees Airlines Bankruptcy Commerce Finance and Financial Sector Income tax Individual retirement accounts Labor and Employment Tax exclusion Tax penalties Transportation and Public Works Taxation

00 2007-12-18 Introduced in Senate 2008-01-24T21:13:49Z Allows employees of commercial passenger airlines who receive payments from a bankruptcy case filed between September 11, 2001, and January 1, 2007, as compensation for lost pension plan benefits to rollover such payments into an individual retirement account (IRA), except for a Roth IRA, without tax or tax penalty.

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A bill to allow employees of a commercial passenger airline carrier who receive payments in a bankruptcy proceeding to roll over such payments into an individual retirement plan, and for other purposes. Display Title A bill to allow employees of a commercial passenger airline carrier who receive payments in a bankruptcy proceeding to roll over such payments into an individual retirement plan, and for other purposes. Official Title as Introduced A bill to allow employees of a commercial passenger airline carrier who receive payments in a bankruptcy proceeding to roll over such payments into an individual retirement plan, and for other purposes. Introduced in Senate 2007-12-18T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s2505is/xml/BILLS-110s2505is.xml 2007-12-18 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S15919-15920) 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.