Ask AI
Bill113th CongressFiled Jul 16, 2014Taxation
S. 2614

A bill to amend certain provisions of the FAA Modernization and Reform Act of 2012.

Bill journey · stage 1 of 5

Just introduced

Filed
Comm.
Floor
Both
Law

What it doesSummary passed senate without amendment (Dec 10, 2014)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Amends the FAA Modernization and Reform Act of 2012, with respect to rollovers to a traditional or Roth individual retirement account (IRA) of payments to qualified airline employees in commercial airline carrier bankruptcy cases, to: (1) extend the period for filing a claim for refund of an overpayment of tax resulting from the receipt of such payments (i.e., by the later of April 15, 2015, or the expiration of the limitation period for filing refund claims); (2) modify the definition of "airline payment amount" to include payments in an airline carrier bankruptcy case filed after September 11, 2001, and before January 1, 2007, or on November 29, 2011; and (3) modify the definition of "qualified airline employee" to include an employee who was a participant in a defined benefit plan maintained by an airline carrier that was frozen effective November 1, 2012.

What just happenedDec 10, 2014

Held at the desk.

Who’s behind it

Sen. Inhofe, James M. [R-OK](R-OK)Sponsor
1 cosponsor1 D
Read on Congress.gov
1cosponsors1committees9actions1related bills5subjects
  • Engrossed in SenateDec 10, 2014
  • Introduced in SenateJul 16, 2014
  1. Dec 10, 2014FloorH15000

    Held at the desk.

  2. Dec 10, 2014Floor

    Message on Senate action sent to the House.

  3. Dec 10, 2014FloorH14000

    Received in the House.

  4. Dec 10, 2014Floor

    Passed Senate without amendment by Unanimous Consent. (text: CR S6518)

  5. Dec 10, 2014Floor17000

    Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(text: CR S6518)

  6. Dec 10, 2014Discharge

    Senate Committee on Finance discharged by Unanimous Consent. (consideration: CR S6517-6518)

  7. Dec 10, 2014Committee14500

    Senate Committee on Finance discharged by Unanimous Consent.(consideration: CR S6517-6518)

  8. Jul 16, 2014IntroReferral

    Read twice and referred to the Committee on Finance.

  9. Jul 16, 2014IntroReferral10000

    Introduced in Senate

Passed Senate without amendmentDec 10, 201482

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Amends the FAA Modernization and Reform Act of 2012, with respect to rollovers to a traditional or Roth individual retirement account (IRA) of payments to qualified airline employees in commercial airline carrier bankruptcy cases, to: (1) extend the period for filing a claim for refund of an overpayment of tax resulting from the receipt of such payments (i.e., by the later of April 15, 2015, or the expiration of the limitation period for filing refund claims); (2) modify the definition of "airline payment amount" to include payments in an airline carrier bankruptcy case filed after September 11, 2001, and before January 1, 2007, or on November 29, 2011; and (3) modify the definition of "qualified airline employee" to include an employee who was a participant in a defined benefit plan maintained by an airline carrier that was frozen effective November 1, 2012.

Introduced in SenateJul 16, 2014

Amends the FAA Modernization and Reform Act of 2012, with respect to rollovers to a traditional or Roth individual retirement account (IRA) of payments to qualified airline employees in commercial airline carrier bankruptcy cases, to: (1) extend the period for filing a claim for refund of an overpayment of tax resulting from the receipt of such payments (i.e., by the later of April 15, 2015, or the expiration of the limitation period for filing refund claims); (2) modify the definition of "airline payment amount" to include payments in an airline carrier bankruptcy case filed after September 11, 2001, and before January 1, 2007, or on November 29, 2011; and (3) modify the definition of "qualified airline employee" to include an employee who was a participant in a defined benefit plan maintained by an airline carrier that was frozen effective November 1, 2012.

A bill to amend certain provisions of the FAA Modernization and Reform Act of 2012. — Informed