Correctional Officer Fairness Act of 2015
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Feb 5, 2015)
Correctional Officer Fairness Act of 2015
Amends the Internal Revenue Code to exempt from the 10% additional tax on early distributions from tax-exempt retirement plans distributions from a thrift savings fund to a qualified federal correctional officer who has reached age 50 or has completed 25 years of credible service, whichever is earlier. Defines "qualified federal correctional officer" as an individual who is employed by the Federal Bureau of Prisons as a correctional officer and has completed 20 years of creditable service.
What just happenedFeb 5, 2015
Read twice and referred to the Committee on Finance.
Who’s behind it
- Introduced in SenateFeb 5, 2015
- Feb 5, 2015IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Feb 5, 2015IntroReferral10000
Introduced in Senate