,,ii  #aaeth ,,congress  #ast ,session  
,s4 #hgc  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,april #f           
7legislative day1 ,april #d71 #bjag ,mr4
 ,portman 7for himself and ,mr4 ,carper7
 introduced the following bill2 which   
was read twice and referred to the      
,committee on ,homeland ,security and   
,governmental ,affairs  ,a ,,bill  ,to  
amend section #hdcc of title #e1 ,united
 ,states ,code1 to provide for          
flexibility in making withdrawals from  
the ,thrift ,savings ,fund4  #a4 ,short 
title  ,this ,act may be cited as the   
,,tsp ,modernization ,act of #bjag4  #b4
 ,withdrawal flexibility  7a7           
,post-,separation partial withdrawals   
,section #hdcc7;c7 of title #e1 ,united 
,states ,code1 is amended-- 7#a7 in     
paragraph 7#a71 by striking and who has 
not made a withdrawal under subsection  
7h77#a77;,a7 may make one withdrawal and
 inserting may make #a or more          
withdrawals2 and  7#b7 by adding at the 
end the following3  7#e7 ,withdrawals   

under this subsection shall be subject  
to such other conditions as the         
,executive ,director may prescribe by   
regulation4  4  7b7 ,stopping periodic  
payments ,section #hdcc7;d77#b7 of title
 #e1 ,united ,states ,code1 is amended--
 7#a7 by striking change an and         
inserting return a payment that was made
 under2 and  7#b7 by striking a payment 
and inserting such payment4  7c7        
,elimination of withdrawal election     
deadline ,section #hdcc7;f7 of title #e1
 ,united ,states ,code1 is amended--    
7#a7 by striking 7#a7 ,notwithstanding  
and inserting ,notwithstanding2 and     
7#b7 by striking paragraph 7#b74  7d7   
,age-,based in-,service withdrawals     
,section #hdcc7;h7 of title #e1 ,united 
,states ,code1 is amended-- 7#a7 by     
striking paragraph 7#b72 and  7#b7 by   
redesignating paragraphs 7#c71 7#d71 and
 7#e7 as paragraphs 7#b71 7#c71 and     
7#d71 respectively4  7e7 ,technical and 
conforming amendment ,section           
#hdcb;b7h77#b77;,a7 of title #e1 ,united

 ,states ,code1 is amended by striking  
section #hdcc7;d71 or paragraph 7#a7 or 
7#b7 of section #hdcc7;h7 and inserting 
subsection 7d7 or 7f7 of section #hdcc4 
7f7 ,regulations ,as soon as is         
administratively feasible1 as determined
 by the ,executive ,director of the     
,federal ,retirement ,thrift ,investment
 ,board1 the ,executive ,director shall 
prescribe regulations to carry out the  
amendments made by this section4  7g7   
,effective date2 applicability ,the     
amendments made by this section shall-- 
7#a7 take effect on the date of         
enactment of this ,act2 and  7#b7 apply 
on and after the effective date of the  
regulations prescribed under subsection 
7f74