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H.R. 1643

Employee Hardship Financial Relief Act of 2013

Employee Hardship Financial Relief Act of 2013 - Amends the Internal Revenue Code to permit federal employees who are furloughed due to sequestration to make penalty-free distributions from their Thrift Savings Account Fund but only to the extent that such distributions do not exceed the aggregate reduction in compensation of such employees resulting from such furlough.

Referred to the House Committee on Ways and Means.

Rep. Kilmer, Derek [D-WA-6](D-WA)Sponsor
7 cosponsors6 D1 R
7cosponsors1committees3actions5subjects
  • Introduced in HouseApr 18, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Employee Hardship Financial Relief Act of 2013 — Informed