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To amend the Internal Revenue Code of 1986 to waive the 10 percent penalty on withdrawals from qualified retirement plans upon receipt of notice of foreclosure on a principal residence.
previous 110th session of congress Other Bill Titles (1 more) 4/16/2008--Introduced.
Amends the Internal Revenue Code to exempt a taxpayer from the 10% penalty on premature withdrawals from tax-exempt retirement plans if such taxpayer received a foreclosure notice relating to a mortgage on a principal residence and makes a withdrawal from a retir... more
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This bill has no amendments.
Bill Status
| Introduced |  | Voted on by House | | Voted on by Senate | | Considered By President | | Bill Becomes Law |
| April 16, 2008 |
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Blog Coverage
July 03, 2008 Cashed Out: Congress might make it easier for people to dip into ...
Now, two new bills, HR 5822 and S. 5004, would waive the 10 percent penalty tax on withdrawals from 401(k) accounts for workers whose homes are entering foreclosure status. As well-intentioned as the waiver might be, we fear it could ...
Source: PRC Perspectives Blog
April 21, 2008 on capitol hill this week: april 21-25 b
congressman paul broun introduced "military honor and decency act," hr5822, to eliminate pornography sold on military installations and facilities around the world christian coalition of america commends congressman paul broun, r-ga, ...
Source: Capitol Hill "Daily Brief"
April 15, 2008 HR 5822, To amend the Internal Revenue Code of 1986 to waive the ...
HR 5822 would amend the Internal Revenue Code of 1986 to waive the 10 percent penalty on withdrawals from qualified retirement plans upon receipt of notice of foreclosure on a principal residence.... Vote on This Bill: For | Against.
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