US SB380 | 2015-2016 | 114th Congress

Status

Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Introduced on February 5 2015 - 25% progression, died in committee
Action: 2015-02-05 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Correctional Officer Fairness Act of 2015 Amends the Internal Revenue Code to exempt from the 10% additional tax on early distributions from tax-exempt retirement plans distributions from a thrift savings fund to a qualified federal correctional officer who has reached age 50 or has completed 25 years of credible service, whichever is earlier. Defines "qualified federal correctional officer" as an individual who is employed by the Federal Bureau of Prisons as a correctional officer and has completed 20 years of creditable service.

Tracking Information

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Title

Correctional Officer Fairness Act of 2015

Sponsors


History

DateChamberAction
2015-02-05SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

SB969 (Related) 2015-04-16 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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