[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 882 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 882

To amend the Internal Revenue Code of 1986 to increase the age at which 
  distributions from qualified retirement plans are required to begin 
              from 70\1/2\ to 75, and for other purposes.


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                    IN THE HOUSE OF REPRESENTATIVES

                            February 9, 2009

Mr. King of New York introduced the following bill; which was referred 
                   to the Committee on Ways and Means

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                                 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 
              from 70\1/2\ to 75, and for other purposes.

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

SECTION 1. 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) Change in Required Beginning Date.--So much of clause (i) of 
section 401(a)(9)(C) of such Code, as amended by subsection (a), as 
precedes subclause (I) is amended to read as follows:
                            ``(i) In general.--The term `required 
                        beginning date' means December 31 of the later 
                        of--''.
    (c) 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''.
    (d) Effective Date.--The amendments made by this section shall 
apply to years beginning after the date of the enactment of this Act.
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