US SB1656 | 2011-2012 | 112th Congress
Status
Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on October 5 2011 - 25% progression, died in committee
Action: 2011-10-05 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 5 2011 - 25% progression, died in committee
Action: 2011-10-05 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Hardship Outlays to protect Mortgagee Equity (HOME) Act - Amends the Internal Revenue Code to allow taxpayers to withdraw amounts from their tax-exempt pension and retirement plans, without incurring the 10% penalty otherwise imposed on such withdrawals, to make mortgage payments on their principal residences.
Title
Hardship Outlays to protect Mortgagee Equity (HOME) Act
Sponsors
| Sen. Johnny Isakson [R-GA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-10-05 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3104 (Related) 2011-10-05 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/senate-bill/1656/all-info |
| Text | https://www.congress.gov/112/bills/s1656/BILLS-112s1656is.pdf |
