H.R. 2756 · 112th Congress
Individual Recovery Assistance Act of 2011
- Stage
- In committee
- Sponsor
- Robert Latta
- Introduced
- 2011-08-01
- Latest action
- 2011-08-01 · Introduced in House
Summary
Individual Recovery Assistance Act of 2011 - Amends the Internal Revenue Code to: (1) suspend for a one-year period the penalty on premature distributions from tax-exempt pension plans for mortgage payments or as unemployment compensation, and (2) increase from 70-1/2 to 75 the age at which taxpayers must begin taking taxable distributions from their pension plans.