H. R. 3768—3
403(a)(4), 403(b)(8), 408(d)(3), or 457(e)(16) of such Code, as 
the case may be. 
(2) TREATMENT OF REPAYMENTS OF DISTRIBUTIONS FROM 
ELIGIBLE RETIREMENT PLANS OTHER THAN IRAS.—For purposes 
of such Code, if a contribution is made pursuant to paragraph 
(1) with respect to a qualified Hurricane Katrina distribution 
from an eligible retirement plan other than an individual retire-
ment plan, then the taxpayer shall, to the extent of the amount 
of the contribution, be treated as having received the qualified 
Hurricane Katrina distribution in an eligible rollover distribu-
tion (as defined in section 402(c)(4) of such Code) and as having 
transferred the amount to the eligible retirement plan in a 
direct trustee to trustee transfer within 60 days of the distribu-
tion. 
(3) TREATMENT OF REPAYMENTS FOR DISTRIBUTIONS FROM 
IRAS.—For purposes of such Code, if a contribution is made 
pursuant to paragraph (1) with respect to a qualified Hurricane 
Katrina distribution from an individual retirement plan (as 
defined by section 7701(a)(37) of such Code), then, to the extent 
of the amount of the contribution, the qualified Hurricane 
Katrina distribution shall be treated as a distribution described 
in section 408(d)(3) of such Code and as having been transferred 
to the eligible retirement plan in a direct trustee to trustee 
transfer within 60 days of the distribution. 
(d) DEFINITIONS.—For purposes of this section—
(1) QUALIFIED HURRICANE KATRINA DISTRIBUTION.—Except 
as provided in subsection (b), the term ‘‘qualified Hurricane 
Katrina distribution’’ means any distribution from an eligible 
retirement plan made on or after August 25, 2005, and before 
January 1, 2007, to an individual whose principal place of 
abode on August 28, 2005, is located in the Hurricane Katrina 
disaster area and who has sustained an economic loss by reason 
of Hurricane Katrina. 
(2) ELIGIBLE RETIREMENT PLAN.—The term ‘‘eligible retire-
ment plan’’ shall have the meaning given such term by section 
402(c)(8)(B) of such Code. 
(e) INCOME INCLUSION SPREAD OVER 3 YEAR PERIOD FOR QUALI-
FIED HURRICANE KATRINA DISTRIBUTIONS.—
(1) IN GENERAL.—In the case of any qualified Hurricane 
Katrina distribution, unless the taxpayer elects not to have 
this subsection apply for any taxable year, any amount required 
to be included in gross income for such taxable year shall 
be so included ratably over the 3-taxable year period beginning 
with such taxable year. 
(2) SPECIAL RULE.—For purposes of paragraph (1), rules 
similar to the rules of subparagraph (E) of section 408A(d)(3) 
of such Code shall apply. 
(f) SPECIAL RULES.—
(1) EXEMPTION
OF
DISTRIBUTIONS
FROM
TRUSTEE
TO 
TRUSTEE
TRANSFER
AND
WITHHOLDING
RULES.—For purposes 
of sections 401(a)(31), 402(f), and 3405 of such Code, qualified 
Hurricane Katrina distributions shall not be treated as eligible 
rollover distributions. 
(2) QUALIFIED HURRICANE KATRINA DISTRIBUTIONS TREATED 
AS MEETING PLAN DISTRIBUTION REQUIREMENTS.—For purposes 
of such Code, a qualified Hurricane Katrina distribution shall 
be 
treated 
as 
meeting 
the 
requirements 
of 
sections
H. R. 3768—4
401(k)(2)(B)(i), 403(b)(7)(A)(ii), 403(b)(11), and 457(d)(1)(A) of 
such Code. 
SEC. 102. RECONTRIBUTIONS OF WITHDRAWALS FOR HOME PUR-
CHASES CANCELLED DUE TO HURRICANE KATRINA. 
(a) RECONTRIBUTIONS.—
(1) IN GENERAL.—Any individual who received a qualified 
distribution may, during the period beginning on August 25, 
2005, and ending on February 28, 2006, make one or more 
contributions in an aggregate amount not to exceed the amount 
of such qualified distribution to an eligible retirement plan 
(as defined in section 402(c)(8)(B) of the Internal Revenue Code 
of 1986) of which such individual is a beneficiary and to which 
a rollover contribution of such distribution could be made under 
section 402(c), 403(a)(4), 403(b)(8), or 408(d)(3) of such Code, 
as the case may be. 
(2) TREATMENT OF REPAYMENTS.—Rules similar to the rules 
of paragraphs (2) and (3) of section 101(c) of this Act shall 
apply for purposes of this section. 
(b) QUALIFIED DISTRIBUTION DEFINED.—For purposes of this 
section, the term ‘‘qualified distribution’’ means any distribution—
(1) described in section 401(k)(2)(B)(i)(IV), 403(b)(7)(A)(ii) 
(but only to the extent such distribution relates to financial 
hardship), 403(b)(11)(B), or 72(t)(2)(F) of such Code, 
(2) received after February 28, 2005, and before August 
29, 2005, and 
(3) which was to be used to purchase or construct a prin-
cipal residence in the Hurricane Katrina disaster area, but 
which was not so purchased or constructed on account of Hurri-
cane Katrina. 
SEC. 103. LOANS FROM QUALIFIED PLANS FOR RELIEF RELATING TO 
HURRICANE KATRINA. 
(a) INCREASE IN LIMIT ON LOANS NOT TREATED AS DISTRIBU-
TIONS.—In the case of any loan from a qualified employer plan 
(as defined under section 72(p)(4) of the Internal Revenue Code 
of 1986) to a qualified individual made after the date of enactment 
of this Act and before January 1, 2007—
(1) clause (i) of section 72(p)(2)(A) of such Code shall be 
applied by substituting ‘‘$100,000’’ for ‘‘$50,000’’, and 
(2) clause (ii) of such section shall be applied by substituting 
‘‘the present value of the nonforfeitable accrued benefit of the 
employee under the plan’’ for ‘‘one-half of the present value 
of the nonforfeitable accrued benefit of the employee under 
the plan’’. 
(b) DELAY OF REPAYMENT.—In the case of a qualified individual 
with an outstanding loan on or after August 25, 2005, from a 
qualified employer plan (as defined in section 72(p)(4) of such 
Code)—
(1) if the due date pursuant to subparagraph (B) or (C) 
of section 72(p)(2) of such Code for any repayment with respect 
to such loan occurs during the period beginning on August 
25, 2005, and ending on December 31, 2006, such due date 
shall be delayed for 1 year, 
(2) any subsequent repayments with respect to any such 
loan shall be appropriately adjusted to reflect the delay in 
the due date under paragraph (1) and any interest accruing 
during such delay, and