HR 3594 IH
To amend the Internal Revenue Code of 1986 to make permanent law the penalty-free distributions from retirement plans to individuals called to active duty.
September 19, 2007
Mr. LAMPSON introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to make permanent law the penalty-free distributions from retirement plans to individuals called to active duty.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `America's Heroes Tax Relief Act of 2007'.
SEC. 2. PENALTY-FREE DISTRIBUTIONS FROM RETIREMENT PLANS TO INDIVIDUALS CALLED TO ACTIVE DUTY MADE PERMANENT LAW.
(a) In General- Subparagraph (G) of section 72(t)(2) of the Internal Revenue Code of 1986 is amended by striking clause (iv).
(b) Effective Date- The amendment made by this section shall apply to distributions after December 31, 2007.




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