To amend the Internal Revenue Code of 1986 to provide that no loan may be made from a qualified employer plan using revolving credit arrangements and to limit the number of loans that may be made from a qualified employer plan to a participant or beneficiary.
110-hr6708 — To amend the Internal Revenue Code of 1986 to provide that no loan may be made from a qualified employer plan using revolving credit arrangements and to limit the number of loans that may be made from a qualified employer plan to a participant or beneficiary.. Sponsored by Rep. Foster, Bill [D-IL-14]. Introduced 2008-07-31. House bill. 110th Congress. Latest action: Referred to the House Committee on Ways and Means.
Bill Activity
House
Introduced in House
2008-07-31
Referred to Committee
Referred to the House Committee on Ways and Means.
- Sponsor
- Rep. Foster, Bill [D-IL-14] (D), IL
- Introduced
- 2008-07-31
- Committees
- Ways and Means Committee
- Subjects
- Annuities; Credit cards; Finance and Financial Sector; Labor and Employment; Loans; Pension funds; Tax-deferred compensation plans
- Latest Action
- Referred to the House Committee on Ways and Means.
No roll-call vote data available for this bill.
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