HB329Introduced in the House
Expanding Penalty Free Withdrawal Act
Introduced by Bonnie Coleman, District NJ-12
What does this bill do?
Plain-English breakdown
Checking for a plain-English summary…
Official description
To amend the Internal Revenue Code of 1986 to expand the availability of penalty-free distributions to unemployed individuals from retirement plans.
Where it stands
Referred to the House Committee on Ways and Means.
January 9, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Introduced in House
Referred to the House Committee on Ways and Means.
Verify the information
Our commitment to neutrality
We provide factual information only. We never tell you which politicians or bills to support, and we do not rank, score, or endorse anyone.