H.R.4147 - To provide for rollover treatment to traditional IRAs of amounts received in airline carrier bankruptcy.111th Congress (2009-2010)
Summary: H.R.4147 — 111th Congress (2009-2010)
Introduced in House (11/19/2009)
Allows commercial airline employees who were participants in a tax-exempt defined benefit pension plan of a commercial airline that was terminated or otherwise restricted to transfer to a traditional individual retirement account (IRA) any amount received from the airline resulting from a bankruptcy proceeding filed after September 11, 2001, and before January 1, 2007. Excludes from the gross income of such employees any such amount received from an airline.