HR 659

112th CONGRESS
1st Session

H. R. 659

To amend the Internal Revenue Code of 1986 to waive the 10-percent penalty with respect to early retirement distributions for certain unemployed individuals.

IN THE HOUSE OF REPRESENTATIVES

February 11, 2011

Mr. BROUN of Georgia (for himself, Mrs. LUMMIS, Mr. RIGELL, Mr. FRANKS of Arizona, Mr. POSEY, Mr. GOHMERT, Mr. MARCHANT, and Ms. FOXX) 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 waive the 10-percent penalty with respect to early retirement distributions for certain unemployed individuals.

SECTION 1. SHORT TITLE.

SEC. 2. WAIVER OF 10-PERCENT PENALTY FOR CERTAIN UNEMPLOYMENT DISTRIBUTIONS.

END