H.R. 2591 became law 538 days after introduction, with cosponsors from both parties
To amend certain provisions of the FAA Modernization and Reform Act of 2012.
Written by the Congressional Research Service [2]. 160 words.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Amends the FAA Modernization and Reform Act of 2012, with respect to rollovers to a traditional or Roth individual retirement account (IRA) of payments to qualified airline employees in commercial airline carrier bankruptcy cases, to: (1) extend the period for filing a claim for refund of an overpayment of tax resulting from the receipt of such payments (i.e., by the later of April 15, 2015, or the expiration of the limitation period for filing refund claims); (2) modify the definition of "airline payment amount" to include payments in an airline carrier bankruptcy case filed after September 11, 2001, and before January 1, 2007, or on November 29, 2011; and (3) modify the definition of "qualified airline employee" to include an employee who was a participant in a defined benefit plan maintained by an airline carrier that was frozen effective November 1, 2012.
- Committees
- House Ways and Means Committee
- Policy area
- Taxation: 20 of 6,214 bills became law, 113th–118th (0.3%)
- Sponsor
- 2 of 23 bills enacted since 2013
- Text versions
- 5, from enrolled bill to public law · 284 words
- Subjects
- Aviation and airportsBankruptcyEmployee benefits and pensionsIncome tax deferralTransportation employees
- Latest action
- Dec 18, 2014: Became Public Law No: 113-243.
- Records
- Congress.gov · Bill text
Each bill appears once, under its strongest link. 1 in all.
Identical or companion · 1
- 113th S. 2614 A bill to amend certain provisions of the FAA Modernization and Reform Act of 2012. R · Passed one chamber