[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3079 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                H. R. 3079

To amend the Internal Revenue Code of 1986 to remove the requirement of 
a mandatory beginning date for distributions from individual retirement 
                               accounts.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           November 13, 1997

  Mr. Saxton introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to remove the requirement of 
a mandatory beginning date for distributions from individual retirement 
                               accounts.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. REMOVAL OF REQUIREMENT OF MANDATORY BEGINNING DATE FOR 
              DISTRIBUTIONS FROM INDIVIDUAL RETIREMENT ACCOUNTS.

    (a) In General.--Paragraph (6) of section 408(a) of the Internal 
Revenue Code of 1986 (relating to individual retirement accounts) is 
amended by inserting ``(other than subparagraphs (A) and (C) thereof)'' 
after ``section 401(a)(9)''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
take effect on the date of the enactment of this Act.
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