3.0.0 5761 2023-01-11T13:33:24Z 2023-01-11T13:33:24Z House HR 2016-07-13 114 [Congressional Record Volume 162, Number 113 (Wednesday, July 13, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BERA:H.R. 5761.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H4926]]]> hsed00 Education and the Workforce Committee House Standing hsed02 Health, Employment, Labor, and Pensions Subcommittee Referred to 2016-09-19T14:54:34Z Referred to 2016-07-13T14:02:00Z hswm00 Ways and Means Committee House Standing Referred to 2016-07-13T14:01:50Z Apprenticeship and Jobs Training Act of 2015 114 959 S 2015-04-15 Read twice and referred to the Committee on Finance. Related bill CRS Apprenticeship and Jobs Training Act of 2015 114 2020 S 2015-09-09 Read twice and referred to the Committee on Finance. Related bill CRS 2016-09-19 hsed02 Health, Employment, Labor, and Pensions Subcommittee 1 House committee actions Referred to the Subcommittee on Health, Employment, Labor, and Pensions. Committee 2016-07-13 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2016-07-13 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2016-07-13 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2016-07-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-07-13 Introduced in House IntroReferral 1000 9 Library of Congress B001287 Rep. Bera, Ami [D-CA-7] Ami Bera D CA 7 N R000585 Rep. Reed, Tom [R-NY-23] Tom Reed R NY 23 2016-07-13 True Taxation Employee benefits and pensions Employment and training programs Income tax exclusion Taxation 00 2016-07-13 Introduced in House 2017-02-10T19:50:07Z Train the Future Act

This bill amends the Internal Revenue Code to allow an early distribution, without penalty, from a qualified retirement plan to an employee who is serving as a mentor. The bill defines "mentor" as a working individual who: (1) has attained age 55; (2) works reduced hours and engages in mentoring activities for at least 20% of such hours; and (3) is responsible for the training and education of employees or students in an area of expertise for which such individual has a professional credential, certificate, or degree.

]]> Train the Future Act Display Title Train the Future Act Short Titles as Introduced Train the Future Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to permit penalty-free in-service retirement distributions for employees serving as mentors. Introduced in House 2016-07-13T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5761ih/xml/BILLS-114hr5761ih.xml 2016-09-19 Referred to the Subcommittee on Health, Employment, Labor, and Pensions. 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.