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A bill to amend the Internal Revenue Code of 1986 to terminate required minimum distributions under tax-favored retirement plans.

2/9/2022, 2:55 AM

Congressional Summary of S 3557

This bill terminates required minimum distributions from tax-exempt retirement plans after 2019.

Current Status of Bill S 3557

Bill S 3557 is currently in the status of Bill Introduced since March 21, 2020. Bill S 3557 was introduced during Congress 116 and was introduced to the Senate on March 21, 2020.  Bill S 3557's most recent activity was Read twice and referred to the Committee on Finance. as of March 21, 2020

Bipartisan Support of Bill S 3557

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3557

Primary Policy Focus

Taxation

Alternate Title(s) of Bill S 3557

A bill to amend the Internal Revenue Code of 1986 to terminate required minimum distributions under tax-favored retirement plans.
A bill to amend the Internal Revenue Code of 1986 to terminate required minimum distributions under tax-favored retirement plans.

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