H.R. 3104 · 112th Congress

Hardship Outlays to protect Mortgagee Equity Act of 2011

Stage
In committee
Sponsor
Tom Graves
Introduced
2011-10-05
Latest action
2011-10-05 · Introduced in House

Summary

Hardship Outlays to protect Mortgagee Equity Act of 2011 or the HOME Act of 2011 - 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.