datamatters24/research-document-archive huggingface dataset:
I 
108TH CONGRESS 
1ST SESSION 
H. R. 165
To prohibit the Secretary of the Treasury from using surplus funds to 
make any investment in securities, other than government and municipal 
securities. 
IN THE HOUSE OF REPRESENTATIVES 
JANUARY 7, 2003
Mr. REYNOLDS (for himself, Mr. DOOLITTLE, and Mr. FLAKE) introduced the 
following bill; which was referred to the Committee on Financial Services 
A BILL 
To prohibit the Secretary of the Treasury from using surplus 
funds to make any investment in securities, other than 
government and municipal securities.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Private Economy Pro-
tection Act of 2003’’. 
SEC. 2. PROHIBITION ON USING FEDERAL SURPLUS FUNDS 
TO INVEST IN PRIVATE SECURITIES. 
Notwithstanding any other provision of law, the Sec-
retary of the Treasury may not use surplus funds to make
any investment in securities (within the meaning of the 
securities laws of the United States) other than govern-
ment and municipal securities. For purposes of the pre-
ceding sentence, the term ‘surplus’ shall have the meaning 
given to such term by section 3(7) of the Congressional 
Budget Act of 1974 (2 U.S.C. 622(7)).
Æ
I 
108TH CONGRESS 
1ST SESSION H. R. 1663
To protect home buyers from predatory lending practices. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 8, 2003
Mrs. JONES of Ohio (for herself, Ms. NORTON, Mr. CUMMINGS, Mr. CLAY, 
Mr. PAYNE, Mrs. CHRISTENSEN, Ms. MILLENDER-MCDONALD, Mr. 
DAVIS of Illinois, Mr. TOWNS, Mr. JACKSON of Illinois, Mr. FATTAH, Mr. 
CLYBURN, Ms. LEE, Ms. KILPATRICK, Mr. GUTIERREZ, Ms. KAPTUR, 
Ms. SCHAKOWSKY, Mr. SANDERS, Ms. BERKLEY, Mr. RYAN of Ohio, Mr. 
JEFFERSON, Mr. LEWIS of Georgia, Mr. CONYERS, and Ms. JACKSON-
LEE of Texas) introduced the following bill; which was referred to the 
Committee on Financial Services 
A BILL 
To protect home buyers from predatory lending practices.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Predatory Mortgage 
Lending Practices Reduction Act’’.
SEC. 2. CERTIFICATION REQUIREMENTS FOR MORTGAGE 
LENDERS AND BROKERS. 
(a) IN GENERAL.—The Real Estate Settlement Pro-
cedures Act of 1974 is amended by inserting after section 
12 (12 U.S.C. 2610) the following new section: 
‘‘SEC. 13. CERTIFICATION REQUIREMENTS FOR MORTGAGE 
LENDERS AND BROKERS. 
‘‘(a) REQUIREMENT.—No individual may, in connec-
tion with a subprime federally mortgage related loan, pro-
vide mortgage lending services or mortgage brokerage 
services unless such person is, at the time of the provision 
of such services, certified by the Secretary pursuant to this 
section as having been adequately trained with regard to 
subprime lending. 
‘‘(b) STANDARDS AND EXAMINATION.—
‘‘(1) IN
GENERAL.—The Secretary shall, by 
regulation, establish requirements, standards, and 
procedures for testing and certifying persons pro-
viding mortgage lending services or mortgage bro-
kerage services in connection with a subprime, feder-
ally related mortgage loans. 
‘‘(2) EXAMINATION.—Such standards and pro-
cedures shall require, for certification under this sec-
tion, that the individual shall demonstrate, by writ-
ten examination, knowledge regarding the following 
areas:
‘‘(c) DECERTIFICATION.—The Secretary shall estab-
lish standards and procedures for suspension and revoca-
tion of the certification under this section, which shall—
‘‘(1) provide the individual subject to suspen-
sion or revocation an opportunity to be heard; and 
‘‘(2) provide for suspension or revocation in 
such instances as the Secretary determines appro-
priate, which shall include an agency determination 
or a judgment by a court of competent jurisdiction 
that a certified individual has engaged in an act or 
practice that is unfair or deceptive under section 5 
of the Predatory Mortgage Lending Practices Re-
duction Act. 
‘‘(d) RENEWAL OF CERTIFICATION.—The Secretary 
shall provide that certification under this section shall be 
effective for a specified period of time, as determined by 
the Secretary. The Secretary shall establish standards and 
procedures for recertification of individuals whose certifi-
cations are expiring. The Secretary shall establish a proce-
dure for notifying certified individuals of the expiration 
of their certifications. 
‘‘(e) INFORMATION AND TRAINING.—
‘‘(1) IN GENERAL.—The Secretary shall make 
available, for persons engaged in providing mortgage 
lending services and mortgage brokerage services, in-
‘‘(A) FEDERAL
LAW.—The requirements 
and limitations under Federal laws regarding 
mortgage lending, including the Truth in Lend-
ing Act, the Fair Credit Reporting Act, the 
Equal Credit Opportunity Act, the Real Estate 
Settlement Procedures Act of 1974, the Home 
Ownership and Equity Protection Act of 1994, 
the Home Mortgage Disclosure Act of 1975, 
and the Fair Housing Act. 
‘‘(B) SUBPRIME LENDING.—Legal and ap-
propriate practices, methods, conventions, and 
terms of subprime lending in all lending func-
tions, including advertising and marketing, con-
sumer education and counseling, origination, 
underwriting, closing, servicing, information 
technology, and internal control policies and 
procedures. 
‘‘(C) PREDATORY
LENDING.—Illegal and 
inappropriate practices, methods, practices, and 
terms of predatory lending. 
‘‘(D) LAW
REGARDING
COMPETENCY
TO 
CONTRACT.—Basic contract law regarding com-
petency and incapacity to contract.
HR 1664 RFS 
(2) WAIVER
OF
LIMITATIONS.—If refund or 
credit of any overpayment of tax resulting from the 
amendment made by this section is prevented at any 
time before the close of the 1-year period beginning 
on the date of the enactment of this Act by the oper-
ation of any law or rule of law (including res judi-
cata), such refund or credit may nevertheless be 
made or allowed if claim therefor is filed before the 
close of such period. 
SEC. 3. RESTORATION OF FULL EXCLUSION FROM GROSS 
INCOME OF DEATH GRATUITY PAYMENT. 
(a) IN GENERAL.—Paragraph (3) of section 134(b) 
(relating to qualified military benefit) is amended by add-
ing at the end the following new subparagraph: 
‘‘(C) EXCEPTION
FOR
DEATH
GRATUITY 
ADJUSTMENTS MADE BY LAW.—Subparagraph 
(A) shall not apply to any adjustment to the 
amount of death gratuity payable under chapter 
75 of title 10, United States Code, which is 
pursuant to a provision of law enacted before 
December 31, 1991.’’. 
(b) 
CONFORMING
AMENDMENT.—Section 
134(b)(3)(A) is amended by striking ‘‘subparagraph (B)’’ 
and inserting ‘‘subparagraphs (B) and (C)’’.
HR 1664 RFS 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply with respect to deaths occurring 
after September 10, 2001. 
SEC. 4. EXCLUSION FOR AMOUNTS RECEIVED UNDER DE-
PARTMENT OF DEFENSE HOMEOWNERS AS-
SISTANCE PROGRAM. 
(a) IN GENERAL.—Subsection (a) of section 132 (re-
lating to certain fringe benefits) is amended by striking 
‘‘or’’ at the end of paragraph (6), by striking the period 
at the end of paragraph (7) and inserting ‘‘, or’’ and by 
adding at the end the following new paragraph: 
‘‘(8) qualified military base realignment and 
closure fringe.’’. 
(b) QUALIFIED MILITARY BASE REALIGNMENT AND 
CLOSURE FRINGE.—Section 132 is amended by redesig-
nating subsection (n) as subsection (o) and by inserting 
after subsection (m) the following new subsection: 
‘‘(n) QUALIFIED MILITARY BASE REALIGNMENT AND 
CLOSURE FRINGE.—
‘‘(1) IN GENERAL.—For purposes of this sec-
tion, the term ‘qualified military base realignment 
and closure fringe’ means 1 or more payments under 
the authority of section 1013 of the Demonstration 
Cities and Metropolitan Development Act of 1966
chapter 1 is amended by inserting ‘‘, astro-
nauts,’’ after ‘‘Forces’’. 
(4) EFFECTIVE DATE.—The amendments made 
by this subsection shall apply with respect to any as-
tronaut whose death occurs after December 31, 
2002. 
(b) DEATH BENEFIT RELIEF.—
(1) IN GENERAL.—Subsection (i) of section 101 
(relating to certain death benefits) is amended by 
adding at the end the following new paragraph: 
‘‘(4) RELIEF
WITH
RESPECT
TO
ASTRO-
NAUTS.—The provisions of this subsection shall 
apply to any astronaut whose death occurs while on 
a space mission.’’. 
(2) CLERICAL AMENDMENT.—The heading for 
subsection (i) of section 101 is amended by inserting 
‘‘OR ASTRONAUTS’’ after ‘‘VICTIMS’’. 
(3) EFFECTIVE DATE.—The amendments made 
by this subsection shall apply to amounts paid after 
December 31, 2002, with respect to deaths occurring 
after such date. 
(c) ESTATE TAX RELIEF.—
(1) IN
GENERAL.—Subsection (b) of section 
2201 (defining qualified decedent) is amended by 
striking ‘‘and’’ at the end of paragraph (1)(B), by
striking the period at the end of paragraph (2) and 
inserting ‘‘, and’’, and by adding at the end the fol-
lowing new paragraph: 
‘‘(3) any astronaut whose death occurs while on 
a space mission.’’. 
(2) CLERICAL AMENDMENTS.—
(A) The heading of section 2201 is amend-
ed by inserting ‘‘, DEATHS
OF
ASTRO-
NAUTS,’’ after ‘‘FORCES’’. 
(B) The item relating to section 2201 in 
the table of sections for subchapter C of chap-
ter 11 is amended by inserting ‘‘, deaths of as-
tronauts,’’ after ‘‘Forces’’. 
(3) EFFECTIVE DATE.—The amendments made 
by this subsection shall apply to estates of decedents 
dying after December 31, 2002. 
SEC. 11. PROTECTION OF SOCIAL SECURITY. 
The amounts transferred to any trust fund under 
title II of the Social Security Act shall be determined as 
if this Act (other than this section) had not been enacted.
Æ
I 
108TH CONGRESS 
1ST SESSION H. R. 1666
To amend title 38, United States Code, to provide that discontinuance of 
veterans’ disability compensation upon the death of a veteran shall be 
effective as of the date of death of the veteran rather than the last 
day of the month preceding the veteran’s death. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 8, 2003
Mr. BOYD introduced the following bill; which was referred to the Committee 
on Veterans’ Affairs 
A BILL 
To amend title 38, United States Code, to provide that 
discontinuance of veterans’ disability compensation upon 
the death of a veteran shall be effective as of the date 
of death of the veteran rather than the last day of 
the month preceding the veteran’s death.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. EFFECTIVE DATE OF DISCONTINUANCE OF 
VETERANS’ DISABILITY COMPENSATION. 
(a) PRORATING
OF BENEFITS
FOR MONTH
OF 
DEATH.—Section 5112 (b)(1) of title 38, United States 
Code, is amended by inserting before the semicolon the
following: ‘‘, except that in the case of discontinuation of 
compensation by reason of death of the payee, such effec-
tive date shall be the day before such death occurs’’. 
(b) CONFORMING AMENDMENT FOR COMMENCMENT 
OF DIC.—Section 5110(d)(1) of such title is amended by 
striking ‘‘first day of the month in which the death oc-
curred’’ and inserting ‘‘date of death’’.
Æ
I 
108TH CONGRESS 
1ST SESSION H. R. 1667
To provide an additional opportunity for administrative or judicial relief 
for socially disadvantaged farmers and ranchers who were discriminated 
against by the Department of Agriculture in farm credit and benefit 
programs. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 8, 2003
Mr. BURNS introduced the following bill; which was referred to the Committee 
on Agriculture, and in addition to the Committee on the Judiciary, for 
a period to be subsequently determined by the Speaker, in each case for 
consideration of such provisions as fall within the jurisdiction of the com-
mittee concerned 
A BILL 
To provide an additional opportunity for administrative or 
judicial relief for socially disadvantaged farmers and 
ranchers who were discriminated against by the Depart-
ment of Agriculture in farm credit and benefit programs.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Minority Farmers 
Fairness Act of 2003’’.
SEC. 2. ADDITIONAL OPPORTUNITY FOR ADMINISTRATIVE 
OR JUDICIAL RELIEF FOR SOCIALLY DIS-
ADVANTAGED 
FARMERS 
AND 
RANCHERS 
WHO 
SUFFERED 
DEPARTMENT 
OF 
AGRI-
CULTURE DISCRIMINATION. 
(a) OPPORTUNITY TO SUBMIT CLAIM.—If a person 
submitted a petition for redress in the settlement of the 
consolidated class action lawsuits entitled Pigford v. 
Veneman and Brewington v. Veneman (United States Dis-
trict Court for the District of Columbia, Civil Action Num-
bers 97–1978 and 98–1693) or under any administrative 
process provided by the Department of Agriculture in con-
nection with a claim of discrimination in the operation of 
farm credit and benefit programs, and the petition or 
claim was not heard on its merits or otherwise denied, the 
person may obtain de novo consideration of the petition 
or claim before an administrative law judge of the Depart-
ment of Agriculture or in any Federal court of competent 
jurisdiction. 
(b) TIME.—The request for de novo consideration of 
a petition or claim under subsection (a) shall be submitted 
not later than one year after the later of—
(1) the date of the enactment of this Act; or 
(2) the date the petition or claim was denied. 
(c) RELIEF.—The administrative law judge or court 
shall hear and determine the petition or claim on the mer-
its and, if found to be valid, award appropriate relief 
under the settlement or section 742 of the Agriculture, 
Rural Development, Food and Drug Administration, and 
Related Agencies Appropriation Act, 1999 (section 101(a) 
of Public Law 105–277; 7 U.S.C. 2279d).
Æ
SECTION 1. DESIGNATION.
The United States courthouse located at 101 North
Fifth Street in Muskogee, Oklahoma, shall be known and
designated as the ‘‘Ed Edmondson United States Court-
house’’.
SEC. 2. REFERENCES.
Any reference in a law, map, regulation, document,
paper, or other record of the United States to the United
States courthouse referred to in section 1 shall be deemed
to be a reference to the ‘‘Ed Edmondson United States
Courthouse’’.
Passed the House of Representatives September 3,
2003.
Attest:
Clerk.
H. R. 1668
One Hundred Eighth Congress
of the
United States of America
AT THE FIRST SESSION
Begun and held at the City of Washington on Tuesday,
the seventh day of January, two thousand and three
An Act
To designate the United States courthouse located at 101 North Fifth Street in
Muskogee, Oklahoma, as the ‘‘Ed Edmondson United States Courthouse’’.
Be it enacted by the Senate and House of Representatives of
the United States of America in Congress assembled,
SECTION 1. DESIGNATION.
The United States courthouse located at 101 North Fifth Street
in Muskogee, Oklahoma, shall be known and designated as the
‘‘Ed Edmondson United States Courthouse’’.
SEC. 2. REFERENCES.
Any reference in a law, map, regulation, document, paper,
or other record of the United States to the United States courthouse
referred to in section 1 shall be deemed to be a reference to the
‘‘Ed Edmondson United States Courthouse’’.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.
I 
108TH CONGRESS 
1ST SESSION H. R. 1668
To designate the United States courthouse located at 101 North Fifth Street 
in Muskogee, Oklahoma, as the ‘‘Ed Edmondson United States Courthouse’’. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 8, 2003
Mr. CARSON of Oklahoma introduced the following bill; which was referred to 
the Committee on Transportation and Infrastructure 
A BILL 
To designate the United States courthouse located at 101 
North Fifth Street in Muskogee, Oklahoma, as the ‘‘Ed 
Edmondson United States Courthouse’’.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. DESIGNATION. 
The United States courthouse located at 101 North 
Fifth Street in Muskogee, Oklahoma, shall be known and 
designated as the ‘‘Ed Edmondson United States Court-
house’’. 
SEC. 2. REFERENCES. 
Any reference in a law, map, regulation, document, 
paper, or other record of the United States to the United
States courthouse referred to in section 1 shall be deemed 
to be a reference to the ‘‘Ed Edmondson United States 
Courthouse’’.
Æ
II 
108TH CONGRESS 
1ST SESSION H. R. 1668
IN THE SENATE OF THE UNITED STATES 
SEPTEMBER 4, 2003
Received 
AN ACT 
To designate the United States courthouse located at 101 
North Fifth Street in Muskogee, Oklahoma, as the ‘‘Ed 
Edmondson United States Courthouse’’.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
HR 1668 RDS 
SECTION 1. DESIGNATION. 
The United States courthouse located at 101 North 
Fifth Street in Muskogee, Oklahoma, shall be known and 
designated as the ‘‘Ed Edmondson United States Court-
house’’. 
SEC. 2. REFERENCES. 
Any reference in a law, map, regulation, document, 
paper, or other record of the United States to the United 
States courthouse referred to in section 1 shall be deemed 
to be a reference to the ‘‘Ed Edmondson United States 
Courthouse’’.
Passed the House of Representatives September 3, 
2003. 
Attest: 
JEFF TRANDAHL, 
Clerk.
IB 
House Calendar No. 88
108TH CONGRESS 
1ST SESSION H. R. 1668
[Report No. 108–217] 
To designate the United States courthouse located at 101 North Fifth Street 
in Muskogee, Oklahoma, as the ‘‘Ed Edmondson United States Courthouse’’. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 8, 2003
Mr. CARSON of Oklahoma introduced the following bill; which was referred to 
the Committee on Transportation and Infrastructure 
JULY 17, 2003
Referred to the House Calendar and ordered to be printed 
A BILL 
To designate the United States courthouse located at 101 
North Fifth Street in Muskogee, Oklahoma, as the ‘‘Ed 
Edmondson United States Courthouse’’.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. DESIGNATION. 
The United States courthouse located at 101 North 
Fifth Street in Muskogee, Oklahoma, shall be known and
designated as the ‘‘Ed Edmondson United States Court-
house’’. 
SEC. 2. REFERENCES. 
Any reference in a law, map, regulation, document, 
paper, or other record of the United States to the United 
States courthouse referred to in section 1 shall be deemed 
to be a reference to the ‘‘Ed Edmondson United States 
Courthouse’’.
House Calendar No. 88
108TH CONGRESS 
1ST SESSION 
H. R. 1668
[Report No. 108–217] 
A BILL 
To designate the United States courthouse located 
at 101 North Fifth Street in Muskogee, Okla-
homa, as the ‘‘Ed Edmondson United States 
Courthouse’’. 
JULY 17, 2003
Referred to the House Calendar and ordered to be 
printed
‘‘(II) A plan offered by an eligi-
ble organization under section 1876. 
‘‘(III) A program of all-inclusive 
care for the elderly (PACE) under 
section 1894. 
‘‘(IV) A social health mainte-
nance organization (SHMO) dem-
onstration project established under 
section 4018(b) of the Omnibus 
Budget Reconciliation Act of 1987 
(Public Law 100–203).’’. 
(b) CONFORMING
AMENDMENT.—Section 542 of 
BIPA (114 Stat. 2763A–550) is repealed. 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall take effect as if included in the enact-
ment of the Medicare, Medicaid, and SCHIP Benefits Im-
provement and Protection Act of 2000 (114 Stat. 2763A–
463 et seq.), as enacted into law by section 1(a)(6) of Pub-
lic Law 106–554.
I 
108TH CONGRESS 
1ST SESSION 
H. R. 166
To repeal limitations under the Home Investment Partnerships Act on the 
percentage of the operating budget of an organization receiving assistance 
under such Act that may be funded under such Act. 
IN THE HOUSE OF REPRESENTATIVES 
JANUARY 7, 2003
Mr. REYNOLDS introduced the following bill; which was referred to the 
Committee on Financial Services 
A BILL 
To repeal limitations under the Home Investment Partner-
ships Act on the percentage of the operating budget 
of an organization receiving assistance under such Act 
that may be funded under such Act.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. REPEAL OF LIMITATIONS ON HOME PROGRAM 
ASSISTANCE AS PERCENTAGE OF OPERATING 
BUDGET. 
(a) HOUSING EDUCATION
AND ORGANIZATIONAL 
SUPPORT.—Section 233(d) of the Cranston-Gonzalez Na-
tional Affordable Housing Act (42 U.S.C. 12773(d)) is 
amended—
(1) by striking ‘‘may not—’’ and all that fol-
lows through ‘‘(1)’’ and inserting ‘‘may not’’; and 
(2) by striking ‘‘; or’’ at the end of paragraph 
(1) and all that follows through the end of para-
graph (2) and inserting a period. 
(b) OTHER SUPPORT FOR STATE AND LOCAL HOUS-
ING STRATEGIES.—The first sentence of section 243(b) of 
the Cranston-Gonzalez National Affordable Housing Act 
(42 U.S.C. 12783(b)) is amended by striking ‘‘and shall 
provide not more than 20 percent of the operating budget 
of the contracting organization in any one year’’.
Æ
I 
108TH CONGRESS 
1ST SESSION H. R. 1671
To amend the Internal Revenue Code of 1986 to permit cooperatives to 
pay dividends on preferred stock without reducing patronage dividends. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 8, 2003
Mr. HERGER (for himself, Mr. POMEROY, Mr. ENGLISH, Mr. GRAVES, Mr. 
HULSHOF, Mr. RAMSTAD, and Mr. MCCRERY) introduced the following 
bill; which was referred to the Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to permit 
cooperatives to pay dividends on preferred stock without 
reducing patronage dividends.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Cooperative Dividend 
Equity Act of 2003’’.
SEC. 2. PAYMENT OF DIVIDENDS ON STOCK OF COOPERA-
TIVES 
WITHOUT 
REDUCING 
PATRONAGE 
DIVIDENDS. 
(a) IN GENERAL.—Subsection (a) of section 1388 of 
the Internal Revenue Code of 1986 (relating to patronage 
dividend defined) is amended by adding at the end the 
following: ‘‘For purposes of paragraph (3), net earnings 
shall not be reduced by amounts paid during the year as 
dividends on capital stock or other proprietary capital in-
terests of the organization to the extent that the articles 
of incorporation or bylaws of such organization or other 
contract with patrons provide that such dividends are in 
addition to amounts otherwise payable to patrons which 
are derived from business done with or for patrons during 
the taxable year.’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply to distributions in taxable years 
beginning after the date of the enactment of this Act.
Æ
gross income of the payee or distributee, as the case 
may be, in the manner as provided in section 72. 
For purposes of the preceding sentence, distributions 
which are includable in gross income shall be treated 
as first attributable to amounts contributed under 
subsection (d) to the extent thereof. 
‘‘(2) EXCLUSION OF CATASTROPHIC MEDICAL 
EXPENSE DISTRIBUTIONS IN FIRST FIVE YEARS AND 
QUALIFIED INDIVIDUAL HOMESTEAD DISTRIBUTIONS 
THEREAFTER.—Paragraph (1) shall not apply to—
‘‘(A) any distribution described in section 
72(t)(2)(B) before the date described in sub-
section (f)(1)(A), but only to the extent such 
distribution does not exceed the balance in the 
account as of the date of such distribution, re-
duced by any matching contribution under sub-
section (d), and 
‘‘(B) any qualified individual homestead 
distribution. 
‘‘(f) QUALIFIED INDIVIDUAL HOMESTEAD DISTRIBU-
TION.—For purposes of this section—
‘‘(1) IN GENERAL.—The term ‘qualified indi-
vidual homestead distribution’ means any amount
paid or distributed out of an individual homestead 
account which would otherwise be includible in gross