,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #bafc  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #ad1 #bjbe,ms4   
,/ev5s 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    
p5alties f retirem5t acc\nts = victims (
 fraud4  #a4 ,%ort title ,?is ,act may  
be cit$ z ! ,no ,p5alties = ,victims (  
,fraud ,act4  #b4 ,waiv] ( e>ly )drawal 
p5alties = victims ( fraud  7a7 ,9 g5]al
 ,section #gb7t77#b7 ( ! ,int]nal       
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new subp>agraph3  7,n7
 ,di/ributions f retirem5t plans 9 case 
( victim ( fraud  7i7 ,9 g5]al ,any     
di/ribution f an applicable eligible    
retirem5t plan to an individual if su*  
di/ribution is made on acc\nt ( !       
individual be+ a victim ( fraud4  7ii7  
,victim ( fraud ,= purposes ( ?is       
subp>agraph1 ! t]m victim ( fraud means 
an individual :o--  7,i7 submits an     
application = waiv] to ! ,secret>y 79   

su* "t & mann] z ! ,secret>y may        
prescribe7 :i* fulfils ! docum5tation   
requirem5t ( clause 7iii71 &  7,,ii7 is 
designat$ z a victim ( fraud by !       
,secret>y4  7iii7 ,docum5tation         
requirem5t ,! docum5tation requirem5t "u
 ?is clause is fulfill$ if ! taxpay]    
provides docum5tation 79 su* "t & mann] 
z ! ,secret>y may prescribe7 f a law    
en=cem5t ag5cy or a c\rt ( compet5t     
jurisdiction e/abli%+ t ! individual is 
! victim ( a fraudul5t act t result$ 9 a
 di/ribution f an applicable retirem5t  
plan4  7iv7 ,am\nt di/ribut$ may be     
repaid ,rules simil> to ! rules (       
subp>agraph 7,h77v7 %all apply4  7v7    
,applicable eligible retirem5t plan ,!  
t]m applicable eligible retirem5t plan  
means an eligible retirem5t plan 7z     
def9$ 9 section #djb7;c77#h77;,b77 o!r  
?an a def9$ b5efit plan4  4  7b7        
,effective date ,! am5dm5t made by ?is  
section %all apply to di/ributions made 
aft] ! date ( ! enactm5t ( ?is ,act4    
#c4 ,in=mation & outrea*  7a7 ,guidance 

,n lat] ?an #ahj days aft] ! date ( !   
enactm5t ( ?is ,act1 ! ,secret>y ( !    
,treasury 7or ! ,secret>y's delegate7   
%all issue guidance on ! process =      
claim+ ! waiv] ( e>ly )drawal p5alties =
 victims ( fraud "u section             
#gb7t77#b77,n7 ( ! ,int]nal ,rev5ue     
,code ( #aihf1 z add$ by section #b (   
?is ,act4  7b7 ,public aw>5ess campaign 
,z soon z practicable aft] ! date ( !   
enactm5t ( ?is ,act1 ! ,secret>y ( !    
,treasury 7or ! ,secret>y's delegate7   
%all conduct a public aw>5ess campaign  
to educate ! public ab\t ! protections &
 relief available "u section            
#gb7t77#b77,n7 ( ! ,int]nal ,rev5ue     
,code ( #aihf1 z add$ by section #b (   
?is ,act4