3.0.0 1656 2023-01-11T13:22:00Z 2023-01-11T13:22:00Z Senate S S 2011-10-05 112 ssfi00 Finance Committee Senate Standing Referred to 2011-10-05T16:43:21Z Hardship Outlays to protect Mortgagee Equity Act of 2011 112 3104 HR 2011-10-05 Referred to the House Committee on Ways and Means. Related bill CRS 2011-10-05 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2011-10-05 Introduced in Senate IntroReferral 10000 9 Library of Congress I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA N Taxation Employee benefits and pensions Housing finance and home ownership Income tax exclusion Taxation 00 2011-10-05 Introduced in Senate 2011-10-21T19:41:41Z Hardship Outlays to protect Mortgagee Equity (HOME) Act - Amends the Internal Revenue Code to allow taxpayers to withdraw amounts from their tax-exempt pension and retirement plans, without incurring the 10% penalty otherwise imposed on such withdrawals, to make mortgage payments on their principal residences.

]]> Hardship Outlays to protect Mortgagee Equity (HOME) Act Display Title Hardship Outlays to protect Mortgagee Equity (HOME) Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide penalty free distributions from certain retirement plans for mortgage payments with respect to a principal residence and to modify the rules governing hardship distributions. Introduced in Senate IS Short Titles as Introduced Hardship Outlays to protect Mortgagee Equity (HOME) Act Introduced in Senate 2011-10-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s1656is/xml/BILLS-112s1656is.xml 2011-10-05 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.