Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Required Minimum Distributions".

3.0.0 206 2024-12-16T19:14:25Z 2024-12-16T19:14:25Z House H HJRES 2024-09-19 118 <pre>[Congressional Record Volume 170, Number 146 (Thursday, September 19, 2024)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. PALMER:H.J. Res. 206.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8The single subject of this legislation is:To disapprove of the rule submitted by the Internal RevenueService relating to ``Required Minimum Distributions''.[Page H5526]</pre> hswm00 Ways and Means Committee House Standing Referred to 2024-09-19T14:05:15Z 2024-09-19 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2024-09-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2024-09-19 Introduced in House IntroReferral 1000 9 Library of Congress P000609 Rep. Palmer, Gary J. [R-AL-6] Gary Palmer R AL J. 6 N Taxation Taxation 2024-11-01T10:39:12Z

00 2024-09-19 Introduced in House 2024-11-04T23:46:47Z <p>This joint resolution nullifies the rule titled <em>Required Minimum Distributions</em>, which was issued by the Internal Revenue Service on July 19, 2024. The rule updates the requirements related to minimum distributions from a qualified plan to reflect statutory changes made by the Setting Every Community Up for Retirement Enhancement Act of 2019 and SECURE 2.0 Act of 2022. The rule, among other things, increases the required minimum distribution age from 72 to 75 in two steps over a 10-year period and requires all distributions to be made by the end of the 10th year after death (with some exceptions). </p>

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Required Minimum Distributions". Official Title as Introduced 6 Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Required Minimum Distributions". 2024-09-20T09:18:14Z Introduced in House IH Display Title 45 Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Required Minimum Distributions". 2024-09-20T08:05:30Z Introduced in House 2024-09-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hjres206ih/xml/BILLS-118hjres206ih.xml 2024-09-19 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.