Congress: 110th

Sponsor: Representative Foster, Bill (07/31/2008)

Committees: House - Ways and Means

Description: To amend the Internal Revenue Code of 1986 to provide that no loan may be made from a qualified employer plan using revolving credit arrangements and to limit the number of loans that may be made from a qualified employer plan to a participant or beneficiary.

Lastest Action: 07/31/2008 Referred to the House Committee on Ways and Means.  (All Actions)

Official: H.R.6708 -- 110th Congress