S. 342 — A bill to amend the Internal Revenue Code of 1986 to allow penalty-free distributions for participants in Operation Desert Storm.

Summary

Amends the Internal Revenue Code to allow penalty-free distributions from annuity contracts, qualified retirement plans, or modified endowment contracts made to an Operation Desert Storm participant before the end of 180 days after the termination of such partipation.

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Legislative Actions

1991-02-05
Introduced in Senate
1991-02-05
Read twice and referred to the Committee on Finance.
1991-02-27
Committee on Finance. Hearings held. Hearings printed: S.Hrg. 102-99.

A bill to amend the Internal Revenue Code of 1986 to allow penalty-free distributions for participants in Operation Desert Storm.

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Summary

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