[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2637 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 2637

To amend the Internal Revenue Code of 1986 to increase the age at which 
distributions from qualified retirement plans are required to begin and 
to extend the waiver of required minimum distribution rules for certain 
              retirement plans and accounts through 2010.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 21, 2009

Mr. Sensenbrenner 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 increase the age at which 
distributions from qualified retirement plans are required to begin and 
to extend the waiver of required minimum distribution rules for certain 
              retirement plans and accounts through 2010.

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

SECTION 1. EXTENSION OF WAIVER OF REQUIRED MINIMUM DISTRIBUTION RULES 
              FOR CERTAIN RETIREMENT PLANS AND ACCOUNTS.

    (a) In General.--Subclause (i) of section 401(a)(9)(H) of the 
Internal Revenue Code of 1986 is amended by striking ``calendar year 
2009'' and inserting ``calendar years 2009 and 2010''.
    (b) Conforming Amendments.--
            (1) Clause (ii) of section 401(a)(9)(H)(ii) of such Code is 
        amended--
                    (A) by striking ``2009'' in subclause (I) and 
                inserting ``2010'', and
                    (B) by striking ``calendar year 2009'' in subclause 
                (II) and inserting ``calendar years 2009 and 2010''.
            (2) The last sentence of section 402(c)(4) of such Code is 
        amended--
                    (A) by striking ``distribution during 2009'' and 
                inserting ``distribution during calendar year 2009 or 
                2010'', and
                    (B) by striking ``applied during 2009'' and 
                inserting ``applied during such calendar year''.
    (c) Effective Date.--
            (1) In general.--The amendments made by this section shall 
        apply for calendar years beginning after December 31, 2009.
            (2) Provisions relating to plan or contract amendments.--
                    (A) In general.--If this paragraph applies to any 
                pension plan or contract amendment, such pension plan 
                or contract shall not fail to be treated as being 
                operated in accordance with the terms of the plan 
                during the period described in subparagraph (B)(ii) 
                solely because the plan operates in accordance with 
                this section.
                    (B) Amendments to which paragraph applies.--
                            (i) In general.--This paragraph shall apply 
                        to any amendment to any pension plan or annuity 
                        contract which--
                                    (I) is made pursuant to the 
                                amendments made by this section, and
                                    (II) is made on or before the last 
                                day of the first plan year beginning on 
                                or after January 1, 2012.
                        In the case of a governmental plan, subclause 
                        (II) shall be applied by substituting ``2013'' 
                        for ``2012''.
                            (ii) Conditions.--This paragraph shall not 
                        apply to any amendment unless during the period 
                        beginning on the effective date of the 
                        amendment and ending on December 31, 2010, the 
                        plan or contract is operated as if such plan or 
                        contract amendment were in effect.

SEC. 2. INCREASE IN AGE FOR REQUIRED DISTRIBUTIONS.

    (a) In General.--Subparagraphs (B)(iv)(I) and (C) of section 
401(a)(9) of the Internal Revenue Code of 1986 are each amended by 
striking ``70\1/2\'' each place it appears and inserting ``75''.
    (b) Conforming Amendments.--
            (1) Section 219(d)(1) of such Code is amended by striking 
        ``70\1/2\'' in the heading and the text and inserting ``75''.
            (2) Section 408(c)(4) of such Code is amended by striking 
        ``70\1/2\'' in the heading and the text and inserting ``75''.
            (3) Section 408(b) of such Code is amended by striking 
        ``70\1/2\'' and inserting ``75''.
            (4) Section 457(d)(1)(A)(i) of such Code is amended by 
        striking ``70\1/2\'' and inserting ``75''.
    (c) Effective Date.--The amendments made by this section shall 
apply to years beginning after the date of the enactment of this Act.
                                 <all>