US SB969 | 2015-2016 | 114th Congress

Status

Sponsorship: Bipartisan Bill
Status: Introduced on April 16 2015 - 25% progression, died in committee
Action: 2015-04-16 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Federal Public Safety Retirement Fairness Act of 2015 This bill 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 law enforcement officer who has reached age 50 or has completed 25 years of credible service, whichever is earlier. The bill defines "qualified law enforcement officer" as an individual who is employed by the federal government as a law enforcement officer or as a firefighter and has completed 20 years of creditable service, or an individual who is employed as an air traffic controller and has completed 20 years of creditable service.

Tracking Information

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Title

Federal Public Safety Retirement Fairness Act of 2015

Sponsors


History

DateChamberAction
2015-04-16SenateRead twice and referred to the Committee on Finance.

Same As/Similar To

SB380 (Related) 2015-02-05 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


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