Senate Bill 2495
116th Congress(2019-2020)
Compassionate Retirement Act of 2019
Introduced
Introduced in Senate on Sep 18, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2495
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
Kathryn Manginelli Act of 2019 or the Compassionate Retirement Act of 2019
This bill permits early distributions, without penalty, from tax-preferred pension plans to individuals diagnosed with a terminal illness (i.e., an illness or physical condition that can be reasonably expected to result in death seven years after diagnosis).
September 18, 2019
09/18/2019
Read twice and referred to the Committee on Finance.
09/18/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 1:49:58 PM