Bill116th CongressFiled Feb 14, 2019Taxation
S. 486
A bill to waive the penalty for withdrawals from retirement plans for certain Federal employees and contractors affected by a lapse in appropriations, and for other purposes.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Feb 14, 2019)
This bill allows certain employees who are not paid during a lapse in federal appropriations to make penalty-free withdrawals from retirement accounts. The bill applies to employees of the federal government, federal contractors, federal grantees, and the District of Columbia.
What just happenedFeb 14, 2019
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Cassidy, Bill [R-LA](R-LA)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions2related bills9subjects
- Introduced in SenateFeb 14, 2019
- Feb 14, 2019IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Feb 14, 2019IntroReferral10000
Introduced in Senate