Enhancing Emergency and Retirement Savings Act of 2022
Summary
Enhancing Emergency and Retirement Savings Act of 2022 This bill permits penalty-free distributions, up to $1,000, from tax-exempt retirement plans for emergency personal expenses, limited to one distribution in a calendar year. The bill allows repayment to plans of such distributions over a three-year period.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2022
Committee Review
Floor Vote
President
Introduced Mar 17, 2022
Last action Mar 17, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 17, 2022
Committee
Referred to the House Committee on Ways and Means.
lower
Mar 17, 2022
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
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