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    <number>8331</number>
    <updateDate>2022-12-29T18:04:59Z</updateDate>
    <updateDateIncludingText>2022-12-29T18:04:59Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2022-07-12</introducedDate>
    <congress>117</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 168, Number 114 (Tuesday, July 12, 2022)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. DAVIDSON:H.R. 8331.Congress has the power to enact this legislation pursuantto the following:Congress has the authority to enact the ``Financial CrimesEnforcement Network Improvements Act'' under the Constitutionof the United States, including the following provisions: (1)Article I, section 5 (``Each House may determine the Rules ofits Proceedings''); (2) Article I, section 8 (``Power To . .. provide for the common Defence and general Welfare of theUnited States''); (3) Article I, section 8 (``Power . . . Tomake all Laws which shall be necessary and proper forcarrying into Execution the foregoing Powers, and all otherPowers vested by this Constitution in the Government of theUnited States or in any Department or Officer thereof') as alaw necessary and proper for carrying into execution thePresident's powers under Article II to nominate, appoint, andfaithfully execute the laws, and the provision for executivedepartments, including the Treasury required by Article I,section 9; (4) Article IV, section 3 (``Power to . . . makeall needful Rules and Regulations respecting the . . .Property belonging to the United States''); and (5) theFirst, Fourth, Fifth, Ninth, and Tenth Amendments to theConstitution, protecting the civil liberties and privacyguaranteed to the people.[Page H5975]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2022-07-12T18:01:00Z</date>
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        <actionDate>2022-07-12</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
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        <text>Introduced in House</text>
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    <sponsors>
      <item>
        <bioguideId>D000626</bioguideId>
        <fullName>Rep. Davidson, Warren [R-OH-8]</fullName>
        <firstName>Warren</firstName>
        <lastName>Davidson</lastName>
        <party>R</party>
        <state>OH</state>
        <district>8</district>
        <isByRequest>N</isByRequest>
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    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Taxation</name>
      </policyArea>
    </subjects>
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      <summary>
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        <actionDate>2022-07-12</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2022-07-21T12:40:56Z</updateDate>
        <text><![CDATA[ <p>This bill suspends in 2020 and 2022 the required minimum distribution rules for defined contribution retirement plans or individual retirement plans. Under current law, participants in tax-exempt retirement plans must begin making distributions of plan amounts at the required beginning date (i.e., April 1 or the calendar year following the later of the calendar year in which the employee attains age 72, or the calendar year in which the employee retires).</p>]]></text>
      </summary>
    </summaries>
    <title>To amend the Internal Revenue Code of 1986 to temporarily suspend required minimum distribution rules for certain retirement plans and accounts.</title>
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        <titleType>Display Title</titleType>
        <title>To amend the Internal Revenue Code of 1986 to temporarily suspend required minimum distribution rules for certain retirement plans and accounts.</title>
      </item>
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        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to temporarily suspend required minimum distribution rules for certain retirement plans and accounts.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
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        <type>Introduced in House</type>
        <date>2022-07-12T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-117hr8331ih/xml/BILLS-117hr8331ih.xml</url>
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    <latestAction>
      <actionDate>2022-07-12</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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