Emergency Relief for Federal Workers Act of 2019 This bill allows federal employees who are affected by a government shutdown to make certain penalty-free withdrawals from their Thrift Savings Plan (TSP) accounts. The bill waives various penalties and requirements that would otherwise apply to TSP distributions and loans during a government shutdown.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S588)
Introduced in Senate
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S588)
Taxation
AppropriationsCredit and credit marketsEmployee benefits and pensionsExecutive agency funding and structureGovernment employee pay, benefits, personnel managementIncome tax deferralIncome tax exclusionIncome tax rates
Emergency Relief for Federal Workers Act of 2019
USA116th CongressS-204| Senate
| Updated: 1/24/2019
Emergency Relief for Federal Workers Act of 2019 This bill allows federal employees who are affected by a government shutdown to make certain penalty-free withdrawals from their Thrift Savings Plan (TSP) accounts. The bill waives various penalties and requirements that would otherwise apply to TSP distributions and loans during a government shutdown.