HR 2262

112th CONGRESS
1st Session

H. R. 2262

To amend the Internal Revenue Code of 1986 to exclude from gross income amounts distributed from tax-favored accounts during a period of unemployment.

IN THE HOUSE OF REPRESENTATIVES

June 21, 2011

Mr. PAUL introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to exclude from gross income amounts distributed from tax-favored accounts during a period of unemployment.

SECTION 1. SHORT TITLE.

SEC. 2. EXCLUSION FROM GROSS INCOME OF UNEMPLOYMENT DISTRIBUTIONS FROM TAX-FAVORED ACCOUNTS.

`SEC. 139E. DISTRIBUTIONS FROM TAX-FAVORED ACCOUNT DURING PERIODS OF UNEMPLOYMENT.

END