H.R. 5822 · 110th Congress
To amend the Internal Revenue Code of 1986 to waive the 10 percent penalty on withdrawals from qualified retirement plans upon receipt of notice of foreclosure on a principal residence.
- Stage
- In committee
- Sponsor
- Dennis Cardoza
- Introduced
- 2008-04-16
- Latest action
- 2008-04-16 · Introduced in House
Subjects
Taxation
Labor and Employment
Finance and Financial Sector
Income tax
Housing and Community Development
Mortgages
Individual retirement accounts
Housing finance
Tax-deferred compensation plans
Tax penalties
Foreclosure