State and Local Corrections Officer Retirement Fairness Act of 2022

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8986 Introduced in House (IH)]

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117th CONGRESS
  2d Session
                                H. R. 8986

To amend the Internal Revenue Code of 1986 to extend the exemption from 
the retirement plan early withdrawal penalty for public safety officers 
          to State and local government corrections employees.


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                    IN THE HOUSE OF REPRESENTATIVES

                           September 26, 2022

Mr. Kildee (for himself and Mr. Smucker) introduced the following bill; 
         which was referred to the Committee on Ways and Means

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                                 A BILL


 
To amend the Internal Revenue Code of 1986 to extend the exemption from 
the retirement plan early withdrawal penalty for public safety officers 
          to State and local government corrections employees.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``State and Local Corrections Officer 
Retirement Fairness Act of 2022''.

SEC. 2. EXEMPTION FROM EARLY WITHDRAWAL PENALTY FOR CERTAIN STATE AND 
              LOCAL GOVERNMENT CORRECTIONS EMPLOYEES.

    (a) In General.--Clause (i) of section 72(t)(10)(B) of the Internal 
Revenue Code of 1986 is amended by striking ``or emergency medical 
services'' and inserting ``emergency medical services, or services as a 
corrections officer or as a forensic security employee providing for 
the care, custody, and control of forensic patients''.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after the date of the enactment of this Act.
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