Repeals the provision of the Internal Revenue Code which treats as a distribution to the beneficiary any portion of an individual retirement account (IRA) that is used as security for a loan (thus permitting tax-free use of an IRA as such security).
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line