,,ii #aagth ,,congress #b;d ,session ,s4 #ciic ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,april #e1 #bjbb,ms4 ,cortez ,masto 7for herself and ,mr4 ,cornyn7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to allow penalty-free withdrawals from retirement plans for domestic abuse victims4 #a4 ,short title ,this ,act may be cited as the ,savings ,access ,for ,escaping and ,rebuilding ,act of #bjbb or the ,,safer ,act4 #b4 ,penalty-free withdrawals from retirement plans for individuals in case of domestic abuse 7a7 ,in general ,section #gb7t77#b7 of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new subparagraph3 7,i7 ,distributions from retirement plan in case of domestic abuse 7i7 ,in general ,any eligible distribution to a domestic abuse victim4 7ii7 ,limitation ,the aggregate amount which may be treated as an eligible distribution to a domestic abuse victim by any individual shall not exceed an amount equal to the lesser of-- 7,i7 #aj1jjj1 or 7,,ii7 #ej percent of the present value of the nonforfeitable accrued benefit of the employee under the plan4 7iii7 ,eligible distribution to a domestic abuse victim ,for purposes of this subparagraph-- 7,i7 ,in general ,a distribution shall be treated as an eligible distribution to a domestic abuse victim if such distribution is from an applicable eligible retirement plan to an individual and made during the #a-year period beginning on any date on which the individual is a victim of domestic abuse by a spouse or domestic partner4 7,,ii7 ,domestic abuse ,the term domestic abuse means physical1 psychological1 sexual1 emotional1 or economic abuse1 including efforts to control1 isolate1 humiliate1 or intimidate the victim1 or to undermine the victim's ability to reason independently1 including by means of abuse of the victim's child or another family member living in the household4 7iv7 ,treatment of plan distributions 7,i7 ,in general ,if a distribution to an individual would 7without regard to clause 7ii77 be an eligible distribution to a domestic abuse victim1 a plan shall not be treated as failing to meet any requirement of this title merely because the plan treats the distribution as an eligible distribution to a domestic abuse victim1 unless the aggregate amount of such distributions from all plans maintained by the employer 7and any member of any controlled group which includes the employer7 to such individual exceeds the limitation under clause 7ii74 7,,ii7 ,controlled group ,for purposes of subclause 7,i71 the term controlled group means any group treated as a single employer under subsection 7b71 7c71 7m71 or 7o7 of section #dad4 7v7 ,amount distributed may be repaid 7,i7 ,in general ,any individual who receives a distribution described in clause 7i7 may1 at any time during the #c-year period beginning on the day after the date on which such distribution was received1 make one or more contributions in an aggregate amount not to exceed the amount of such distribution to an applicable 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#af71 as the case may be4 7,,ii7 ,limitation on contributions to applicable eligible retirement plans other than iras ,the aggregate amount of contributions made by an individual under subclause 7,i7 to any applicable eligible retirement plan which is not an individual retirement plan shall not exceed the aggregate amount of eligible distributions to a domestic abuse victim which are made from such plan to such individual4 ,subclause 7,i7 shall not apply to contributions to any applicable eligible retirement plan which is not an individual retirement plan unless the individual is eligible to make contributions 7other than those described in subclause 7,i77 to such applicable eligible retirement plan4 7,,iii7 ,treatment of repayments of distributions from applicable eligible retirement plans other than ,i,r,as ,if a contribution is made under subclause 7,i7 with respect to an eligible distribution to a domestic abuse victim from an applicable 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 such distribution in an eligible rollover distribution 7as defined in section #djb7;c77#d77 and as having transferred the amount to the applicable eligible retirement plan in a direct trustee to trustee transfer within #fj days of the distribution4 7,,iv7 ,treatment of repayments for distributions from ,i,r,as ,if a contribution is made under subclause 7,i7 with respect to an eligible distribution to a domestic abuse victim from an individual retirement plan1 then1 to the extent of the amount of the contribution1 such distribution shall be treated as a distribution described in section #djh7;d77#c7 and as having been transferred to the applicable eligible retirement plan in a direct trustee to trustee transfer within #fj days of the distribution4 7vi7 ,definition and special rules ,for purposes of this subparagraph3 7,i7 ,applicable eligible retirement plan ,the term applicable eligible retirement plan means an eligible retirement plan 7as defined in section #djb7;c77#h77;,b77 other than a defined benefit plan4 7,,ii7 ,exemption of distributions from trustee to trustee transfer and withholding rules ,for purposes of sections #dja7;a77#ca71 #djb7;f71 and #cdje1 an eligible distribution to a domestic abuse victim shall not be treated as an eligible rollover distribution4 7,,iii7 ,distributions treated as meeting plan distribution requirements2 self-certification ,any distribution which the employee or participant certifies as being an eligible distribution to a domestic abuse victim shall be treated as meeting the requirements of sections #dja7k77#b77;,b77i71 #djc7;b77#g77;,a77i71 #djc7;b77#aa71 and #deg7;d77#a77;,a74 4 7b7 ,effective date ,the amendments made by this section shall apply to distributions made after the date of the enactment of this ,act4