Bill117th CongressFiled Mar 17, 2022Taxation
H.R. 7146
Enhancing Emergency and Retirement Savings Act of 2022
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Mar 17, 2022)
Enhancing Emergency and Retirement Savings Act of 2022
This bill permits penalty-free distributions, up to $1,000, from tax-exempt retirement plans for emergency personal expenses, limited to one distribution in a calendar year. The bill allows repayment to plans of such distributions over a three-year period.
What just happenedMar 17, 2022
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Wenstrup, Brad R. [R-OH-2](R-OH)Sponsor
1 cosponsor1 D
1cosponsors1committees3actions2related bills
- Introduced in HouseMar 17, 2022
- Mar 17, 2022IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Mar 17, 2022IntroReferralIntro-H
Introduced in House
- Mar 17, 2022IntroReferral1000
Introduced in House