S. 1656 · 112th Congress
Hardship Outlays to protect Mortgagee Equity (HOME) Act
- Stage
- In committee
- Sponsor
- Johnny Isakson
- Introduced
- 2011-10-05
- Latest action
- 2011-10-05 · Introduced in Senate
Summary
Hardship Outlays to protect Mortgagee Equity (HOME) Act - 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.