HOUSE 545116th CongressReferred to the Subcommittee on Oversight.

Financial Relief for Feds Act of 2019

Last Action: 3/1/2019

Actions

2019-03-01Referred to the Subcommittee on Oversight.
2019-01-15Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2019-01-15Referred to the Committee on Ways and Means, and in addition to the Committee on Oversight and Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2019-01-15Introduced in House
2019-01-15Introduced in House

CRS Summary

As of 2019-01-15 (00)

Financial Relief for Feds Act of 2019

This bill allows certain employees who are not paid during a lapse in federal appropriations to make penalty-free withdrawals from retirement accounts. The bill applies to employees of the federal government, federal contractors, federal grantees, and the District of Columbia.

Cosponsors (20)

Donald Beyer (D-VA)
Ed Perlmutter (D-CO)
Randy Weber (R-TX)
David McKinley (R-WV)
David Trone (D-MD)
Kendra Horn (D-OK)
Colin Allred (D-TX)
Anthony Brown (D-MD)
Joe Courtney (D-CT)
Brian Babin (R-TX)
Matt Gaetz (R-FL)
Tom Cole (R-OK)
Scott Peters (D-CA)
David Loebsack (D-IA)
Daniel Lipinski (D-IL)
ELEANOR NORTON (D-DC)
Filemon Vela (D-TX)
Bill Johnson (R-OH)
Raul Ruiz (D-CA)
Jamie Raskin (D-MD)

Subjects

Appropriations
Employee benefits and pensions
Executive agency funding and structure
Government employee pay, benefits, personnel management
Income tax deferral
Income tax exclusion
Income tax rates
Public contracts and procurement
State and local government operations

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.