[Congressional Record Volume 163, Number 195 (Thursday, November 30, 2017)]
[Senate]
[Page S7596]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1723. Mr. HATCH submitted an amendment intended to be proposed by
him to the bill H.R. 1, to provide for reconciliation pursuant to
titles II and V of the concurrent resolution on the budget for fiscal
year 2018; which was ordered to lie on the table; as follows:
At the end of subpart B of part VII of subtitle C of title
I, insert the following:
SEC. 13615. REDUCTION IN MINIMUM AGE FOR ALLOWABLE IN-SERVICE
DISTRIBUTIONS.
(a) In General.--Section 401(a)(36) is amended by striking
``age 62'' and inserting ``age 59 \1/2\''.
(b) Application to Governmental Section 457(b) Plans.--
Clause (i) of section 457(d)(1)(A) is amended by inserting
``(in the case of a plan maintained by an employer described
in subsection (e)(1)(A), age 59 \1/2\)'' before the comma at
the end.
(c) Effective Date.--The amendments made by this section
shall apply to plan years beginning after December 31, 2017.
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