H.J.Res. 206 · 118th Congress
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted…
Full title
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Required Minimum Distributions".
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
PalmerSponsorNo cosponsors.
This joint resolution nullifies the rule titled Required Minimum Distributions , which was issued by the Internal Revenue Service on July 19, 2024.
What it does: CRS summary · Introduced in House · Sep 19, 2024
This joint resolution nullifies the rule titled Required Minimum Distributions, which was issued by the Internal Revenue Service on July 19, 2024. The rule updates the requirements related to minimum distributions from a qualified plan to reflect statutory changes made by the Setting Every Community Up for Retirement Enhancement Act of 2019 and SECURE 2.0 Act of 2022. The rule, among other things, increases the required minimum distribution age from 72 to 75 in two steps over a 10-year period and requires all distributions to be made by the end of the 10th year after death (with some exceptions).
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Required Minimum Distributions".
Latest action (Sep 19, 2024): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Sep 19, 2024
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.