1707

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Amendment Number
1707
Purpose
To provide an incentive for increased consumer spending and to provide a short-term economic stimulus by waiving the penalty under the Internal Revenue Code of 1986 on certain withdrawals from pension plans which are used to purchase first homes and new automobiles
Congress
102
Type
SAMDT
Latest Action Date
Mar 12, 1992
Latest Action Text
Amendment as modified agreed to in Senate by Voice Vote.
Proposed Date
Mar 12, 1992
Submitted Date
Mar 10, 1992
Chamber
Senate
Update Date
Jun 7, 2021
Amendment 1707 — Informed