[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2516 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 2516

 To amend the Internal Revenue Code of 1986 to provide for a waiver of 
  minimum required distribution rules applicable to pension plans for 
                             2011 and 2012.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 13, 2011

 Mr. Burgess 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 provide for a waiver of 
  minimum required distribution rules applicable to pension plans for 
                             2011 and 2012.

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

SECTION 1. WAIVER OF PENSION PLAN MINIMUM REQUIRED DISTRIBUTION RULES 
              FOR 2011 AND 2012.

    (a) In General.--Clause (i) of section 401(a)(9)(H) of the Internal 
Revenue Code of 1986 (relating to general rule for temporary waiver of 
minimum required distribution) is amended by striking ``calendar year 
2009'' and inserting ``calendar years 2009, 2011, and 2012''.
    (b) Conforming Amendments.--
            (1) Clause (ii) of section 401(a)(9)(H) of such Code is 
        amended--
                    (A) in subclause (I) by striking ``calendar years 
                after 2009'' and inserting ``calendar year 2010 and 
                calendar years after 2012'', and
                    (B) in subclause (II) by striking ``calendar year 
                2009'' and inserting ``calendar years 2009, 2011, and 
                2012''.
            (2) Paragraph (4) of section 402(c) of such Code is 
        amended--
                    (A) by inserting ``or 2011'' after ``2009'' the 
                first place it appears and inserting ``2009, 2011, or 
                2012'', and
                    (B) by striking ``2009'' the second place it 
                appears and inserting ``2009, 2010, or 2011, as the 
                case may be''.
    (c) Effective Date.--
            (1) In general.--The amendments made by this section shall 
        apply to calendar years beginning after December 31, 2010.
            (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, 2014.
                        In the case of a governmental plan, subclause 
                        (II) shall be applied by substituting ``2015'' 
                        for ``2014''.
                            (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, 2012, the 
                        plan or contract is operated as if such plan or 
                        contract amendment were in effect.
                                 <all>