,,ii #aagth ,,congress #b;d ,session ,s4 #dcad ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #bf1 #bjbb,mr4 ,toomey 7for himself and ,mr4 ,bennet7 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 modify the eligible age for the exemption from the retirement plan early withdrawal penalty for public safety officers4 #a4 ,short title ,this ,act may be cited as the ,protecting ,public ,safety ,employees' ,timely ,retirement ,act of #bjbb4 #b4 ,modification of eligible age 7a7 ,in general ,subparagraph 7,a7 of section #gb7t77#aj7 of the ,internal ,revenue ,code of #aihf is amended by striking age #ej and inserting age #ej or #be years of service under the plan1 whichever is earlier4 7b7 ,effective date ,the amendment made by this section shall apply to taxable years beginning after the date of the enactment of this ,act4