,,ii #aafth ,,congress #ast ,session ,s4 #dhf ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #ad1 #bjai ,mr4 ,cassidy 7for himself and ,mr4 ,warner7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to waive the penalty for withdrawals from retirement plans for certain ,federal employees and contractors affected by a lapse in appropriations1 and for other purposes4 #a4 ,special rules for use of retirement funds by ,federal employees and contractors affected by a lapse in appropriations 7a7 ,waiver of #aj percent tax on early distributions ,section #gb7t7 of the ,internal ,revenue ,code of #aihf shall not apply to any qualified furlough distribution4 7b7 ,income inclusion spread over #b-,year period ,in the case of any qualified furlough distribution1 unless the taxpayer elects not to have this subsection apply for any taxable year1 any amount required to be included in gross income for such taxable year shall be so included ratably over the #b-taxable-year period beginning with such taxable year4 7c7 ,amount distributed may be repaid 7#a7 ,in general ,any individual who receives a qualified furlough distribution may1 at any time during the #a-year period beginning on the day after the date on which such distribution was received1 make #a or more contributions in an aggregate amount not to exceed the amount of such distribution to an eligible retirement plan of which such individual is a beneficiary and to which a rollover contribution of such distribution could be made under section #djb7;c71 #djc7;a77#d71 #djc7;b77#h71 #djh7;d77#c71 or #deg7;e77#af7 of the ,internal ,revenue ,code of #aihf1 as the case may be4 7#b7 ,treatment of repayments of distributions from eligible retirement plans other than ,i,r,as ,for purposes of the ,internal ,revenue ,code of #aihf1 if a contribution is made pursuant to paragraph 7#a7 with respect to a qualified furlough distribution from an eligible retirement plan other than an individual retirement plan1 then the taxpayer shall1 to the extent of the amount of the contribution1 be treated as having received the qualified furlough distribution in an eligible rollover distribution 7as defined in section #djb7;c77#d7 of such ,code7 and as having transferred the amount to the eligible retirement plan in a direct trustee to trustee transfer within #fj days of the distribution4 7#c7 ,treatment of repayments for distributions from ,i,r,as ,for purposes of the ,internal ,revenue ,code of #aihf1 if a contribution is made pursuant to paragraph 7#a7 with respect to a qualified furlough distribution from an individual retirement plan 7as defined by section #ggja7;a77#cg7 of such ,code71 then1 to the extent of the amount of the contribution1 the qualified furlough distribution shall be treated as a distribution described in section #djh7;d77#c7 of such ,code and as having been transferred to the eligible retirement plan in a direct trustee to trustee transfer within #fj days of the distribution4 7d7 ,special rules 7#a7 ,qualified furlough distributions treated as meeting plan distribution requirements ,for purposes of the ,internal ,revenue ,code of #aihf1 a qualified furlough distribution shall be treated as meeting the requirements of sections #dja7k77#b77;,b77i71 #djc7;b77#g77;,a77ii71 #djc7;b77#aa71 and #deg7;d77#a77;,a7 of such ,code1 whichever is applicable4 7#b7 ,reliance on representation ,an eligible retirement plan may rely on an individual's written representation that the individual is an applicable individual who has not received previous qualified furlough distributions in excess of the dollar limitation under subsection 7e77#a77;,b74 7e7 ,definitions ,for purposes of this section-- 7#a7 ,qualified furlough distribution 7,a7 ,in general ,except as provided in subparagraph 7,b71 the term qualified furlough distribution means any distribution from an eligible retirement plan to an applicable individual if the distribution is made-- 7i7 after ,january #a1 #bjai1 and 7ii7 during a covered lapse in appropriations or the #ij days immediately following a covered lapse in appropriations4 7,b7 ,dollar limitation 7i7 ,in general ,the aggregate amount of distributions received by an individual which may be treated as qualified furlough distributions for any taxable year shall not exceed the excess 7if any7 of-- 7,i7 #cj1jjj1 over 7,,ii7 the aggregate amounts treated as qualified furlough distributions with respect to such individual for all prior taxable years4 7ii7 ,aggregation ,distributions received from all eligible retirement plans shall be aggregated for purposes of the dollar limitation under clause 7i74 7#b7 ,eligible retirement plan ,the term eligible retirement plan has the meaning given such term by section #djb7;c77#h77;,b7 of the ,internal ,revenue ,code of #aihf4 7#c7 ,covered lapse in appropriations ,the term covered lapse in appropriations means any lapse in appropriations that begins on or after ,december #bb1 #bjah4 7#d7 ,applicable individual ,the term applicable individual means any individual-- 7,a7 who is a ,federal employee furloughed due to a covered lapse in appropriations1 7,b7 who is placed on unpaid leave as a ,federal contractor1 or as an employee of a ,federal contractor1 due to a covered lapse in appropriations1 and whose sole source of earned income 7as defined in section #cb7;c77#b7 of the ,internal ,revenue ,code of #aihf7 is 7but for such lapse7 remuneration as such a contractor or employee thereof1 7,c7 who is an employee of a ,state or other ,federal grantee-- 7i7 whose compensation is advanced or reimbursed in whole or in part by the ,federal ,government1 and 7ii7 who is furloughed due to a covered lapse in appropriations1 or 7,d7 who is an employee of the ,district of ,columbia ,courts1 the ,public ,defender ,service for the ,district of ,columbia1 or the ,district of ,columbia government and is furloughed due to a covered lapse in appropriations4 ,such term shall include any excepted employee and any employee performing emergency work1 as such terms are defined by the ,office of ,personnel ,management1 during a covered lapse in appropriations4