H.R.4061 - To allow employees of a commercial passenger airline carrier who receive payments in a bankruptcy proceeding to roll over such payments into an individual retirement plan, and for other purposes.

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  • Official: To allow employees of a commercial passenger airline carrier who receive payments in a bankruptcy proceeding to roll over such payments into an individual retirement plan, and for other purposes. as introduced.

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Introduced
 
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10/31/07
 
 
 
 
 
 
 

Official Bill Text Comment on about 5 Pages

Official Summary

11/1/2007--Introduced.Allows employees of commercial passenger airlines who receive payments from a bankruptcy case filed between September 11, 2001, and January 1, 2007, as compensation for lost pension plan benefits to rollover such payments into an individual retirement account (IRA), e
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Official Summary

11/1/2007--Introduced.
Allows employees of commercial passenger airlines who receive payments from a bankruptcy case filed between September 11, 2001, and January 1, 2007, as compensation for lost pension plan benefits to rollover such payments into an individual retirement account (IRA), except for a Roth IRA, without tax or tax penalty.

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Recent Blog Coverage

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11/07/09
H.R.4061: Cybersecurity Enhancement Act of 2009 - U.S. Congress ...

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it. ..... (Sec. 110). Requires NIST to conduct intramural security research activities under its computing

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09/20/08
Got Debt? « TheZoo

This week, we in the U.S. House passed H.R. 4061, the “Debt Reduction Act of 2000.” It reduces the debt limit for the first time since 1917 and establishes a “Debt Reduction Payment Account” at the Treasury that is separate from the ...

Source: TheZoo
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09/07/08
The Online Office of Congressman John Lewis - July 9, 2008: Lewis ...

Lewis, H.R. 4061, the Lost Retirement Savings Act, inspired as a response to the struggles of Delta employees. After Delta Air Lines emerged from bankruptcy in May 2007, thousands of employees previously had to forfeit benefits and ...

Source: Congressman John Lewis Latest
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