,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #bfcg  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,april #ag1 #bjbc,mr4 
,santos introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to waive ! e>ly )drawal  
p5alty on c]ta9 di/ributions f qualifi$ 
retirem5t plans4  #a4 ,waiv] ( e>ly     
)drawal p5alty on c]ta9 di/ributions f  
qualifi$ retirem5t plans  7a7 ,9 g5]al  
,section #gb7t77#b7 ( ! ,int]nal ,rev5ue
 ,code ( #aihf is am5d$ to add at ! end 
! foll[+ new subp>agraph3  7,o7 ,g5]al  
exemption am\nt  7i7 ,9 g5]al ,any      
di/ribution 7o!r ?an a di/ribution to   
:i* p>agraph 7#a7 does n apply )\t reg>d
 to ?is subp>agraph7 f an applicable    
eligible retirem5t plan 7z def9$ 9      
subp>agraph 7,h77vi77,i77 ( any         
individual to ! ext5t t su* di/ribution 
does n exce$ ! excess ( #aj1jjj ov] !   
aggregate am\nt ( su* di/ributions made 
f all su* plans ( su* individual dur+ ! 
#e-ye> p]iod end+ on ! date ( su*       

di/ribution4  7ii7 ,treatm5t ( plan     
di/ributions ,an applicable eligible    
retirem5t plan 7z def9$ 9 subp>agraph   
7,h77vi77,i77 %all n be treat$ z fail+  
to meet any requirem5t ( ?is title m]ely
 because ! plan all[s a di/ribution to  
an individual1 unless ! aggregate am\nt 
( su* di/ributions 7o!r ?an di/ributions
 all[$ )\t reg>d to ?is clause7 f all   
plans ma9ta9$ by ! employ] 7& any memb] 
( any controll$ gr\p :i* includes !     
employ]1 det]m9$ z provid$ 9 subp>agraph
 7,h77iv77,,ii77 to su* individual dur+ 
! #e-ye> p]iod end+ on ! date ( su*     
di/ribution exce$s #aj1jjj4  4  7b7     
,effective date ,! am5dm5t made by ?is  
section %all apply to di/ributions made 
aft] ! date ( ! enactm5t ( ?is ,act4