To amend the Internal Revenue Code of 1986 to allow withdrawals from individual retirement plans without penalty for certain individuals significantly affected by the September 11, 2001, terrorist attacks.
Latest action. Sponsor introductory remarks on measure. (continuing resolutionA stopgap law funding the government at existing levels when the annual appropriations bills are not done by October 1.Read the full definition (opens a new tab) H9057)
Amends the Internal Revenue Code to permit penalty-free withdrawals from individual retirement plans (IRA's) before September 12, 2002, for individuals significantly affected by the terrorist attacks of September 11, 2002, including those who: (1) received unemployment compensation for 12 consecutive weeks; (2) are a ten percent owner of a small business concern that has since suffered a significant negative economic impact; or (3) had a spouse or dependent die as a result of such attacks.
Written by analysts at the Congressional Research Service and published on Congress.gov, not by Civibrief. Summarized at the "Introduced in House" stage on November 28, 2001. It describes the bill, it is not the legal text.
Sponsor introductory remarks on measure. (CR H9057)
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Where is it in the process, and what happens next?
The latest action on file does not map to a stage Civibrief recognizes, so the page will not name one. The record's own words are the reliable fact here.
The record's latest action, on December 6, 2001: Sponsor introductory remarks on measure. (CR H9057)
How likely is it to become law?
Civibrief does not forecast outcomes and this page has no opinion about this one. What the record supports is a base rate, which is a fact about the whole pile, not a prediction about this measure.
In the 107th Congress (2001-02), 377 of the 9,126 bills and joint resolutions introduced became law, about 4.1 percent. That count covers every measure at every stage, including the many that never left committee.
This one has no outstanding steps listed above.
Has anyone actually voted on it?
No. No roll call in this Congress cites this measure. That is the ordinary outcome: most measures never reach a recorded floor vote, and a committee ends most of them simply by not acting.
A vote is not the only thing that happens to a measure. Hearings, markups, and referrals are all recorded actions, and none of them is a vote of the full chamber.
Who is behind it?
PATSY MINK (D-HI) introduced it on November 28, 2001. No cosponsors are recorded.
Cosponsoring is a formal signature on the text. It is not a commitment to vote for the measure, it does not bind anyone's party, and a long list of cosponsors is a measure of attention rather than of prospects.
How long has it been in play?
It was introduced on November 28, 2001, 9052 days ago. The most recent recorded action was 9044 days ago, on December 6, 2001.
Measures do not carry over. Anything the 107th Congress has not finished by January 3, 2003 dies when the term ends, and has to be introduced again from the start in the next Congress.
Every answer above is assembled from this measure's own record on Congress.gov and from published counts of what Congress has passed before. Civibrief does not predict outcomes and takes no position on any measure.
Vote history
- HouseSponsor introductory remarks on measure. (CR H9057)
- SenateNot stated in the latest action
- PresidentNot stated in the latest action