To amend the Internal Revenue Code of 1986 to increase the age at which distributions from qualified retirement plans are required to begin and to extend the waiver of required minimum distribution rules for certain retirement plans and accounts through 2010.
Latest action · May 21, 2009 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 21, 2009
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Amends the Internal Revenue Code to: (1) extend through 2010 the suspension of minimum distribution requirements for retirement plans; and (2) increase from 70 1/2 to 75 the age at which retirement plan beneficiaries must begin taking taxable distributions from their plans.
Cosponsors 1
Members who signed on, in the order they did. All signed on Jul 20, 2009.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-PA | Todd Russell Platts | Jul 20, 2009 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred May 21, 2009 |
Actions 2
Everything that happened, newest first.
- May 21, 2009Introduced in House
- May 21, 2009Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R40192 | Early Withdrawals and Required Minimum Distributions in Retirement Accounts: Issues for Congress Archived | Report | Jan 4, 2012 |
Related bills 4
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 157 | Retirement Account Distribution Improvement Act of 2009 | Related bill | Jan 6, 2009 |
| HR 424 | Protecting Senior's Nest Egg Act of 2009 | Related bill | Jan 9, 2009 |
| HR 3920 | To amend the Internal Revenue Code of 1986 to provide for a waiver of minimum required distribution rules applicable to pension plans for 2010. | Related bill | Oct 23, 2009 |
| HR 4421 | To amend the Internal Revenue Code of 1986 to extend the waiver of required minimum distribution rules for certain retirement plans and accounts through 2010. | Related bill | Jan 12, 2010 |
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to increase the age at which distributions from qualified retirement plans are required to begin and to extend the waiver of required minimum distribution rules for certain retirement plans and accounts through 2010.
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- May 21, 2009Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
