I 
112TH CONGRESS 
2D SESSION 
H. R. 4279 
To amend the Internal Revenue Code of 1986 to waive the 10 percent 
early distribution penalty with respect to withdrawals by unemployed 
veterans from certain retirement accounts. 
IN THE HOUSE OF REPRESENTATIVES 
MARCH 28, 2012 
Mr. YOUNG of Indiana (for himself, Mr. HULTGREN, and Mr. LATTA) intro-
duced the following bill; which was referred to the Committee on Ways 
and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to waive 
the 10 percent early distribution penalty with respect 
to withdrawals by unemployed veterans from certain re-
tirement accounts. 
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 ‘‘Veteran Self Relief 
Act of 2012’’. 
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SEC. 2. CERTAIN DISTRIBUTIONS FROM RETIREMENT AC-
COUNTS OF UNEMPLOYED VETERANS NOT 
SUBJECT TO 10 PERCENT PENALTY. 
(a) IN GENERAL.—Paragraph (2) of section 72(t) of 
the Internal Revenue Code of 1986 is amended by adding 
at the end the following new subparagraph: 
‘‘(H) CERTAIN DISTRIBUTIONS TO UNEM-
PLOYED VETERANS.—Any qualified unemployed 
veteran distribution.’’. 
(b) DEFINITIONS.—Subsection (t) of section 72 of 
such Code is amended by adding at the end the following 
new paragraph: 
‘‘(11) QUALIFIED UNEMPLOYED VETERAN DIS-
TRIBUTION.—For purposes of this paragraph and 
paragraph (2)(H)— 
‘‘(A) QUALIFIED
UNEMPLOYED
VETERAN 
DISTRIBUTION.—The term ‘qualified unem-
ployed veteran distribution’ means any distribu-
tion to a veteran (as defined in section 101 of 
title 38, United States Code) from a specified 
account if such distribution is made during a 
qualified unemployment-related distribution pe-
riod. 
‘‘(B) SPECIFIED
ACCOUNT.—The term 
‘specified account’ means— 
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‘‘(i) any individual retirement account 
of the veteran, and 
‘‘(ii) the Thrift Savings Fund estab-
lished under section 8437 of title 5, United 
States Code. 
‘‘(C) 
QUALIFIED
UNEMPLOYMENT-RE-
LATED DISTRIBUTION PERIOD.— 
‘‘(i) IN GENERAL.—The term ‘quali-
fied unemployment-related distribution pe-
riod’ means so much of any qualified un-
employment period as is after the 12 con-
secutive weeks referred to in clause (ii)(I). 
‘‘(ii) QUALIFIED UNEMPLOYMENT PE-
RIOD.—The term ‘qualified unemployment 
period’ means, with respect to any veteran, 
any uninterrupted period of unemployment 
if— 
‘‘(I) such veteran receives unem-
ployment compensation for 12 con-
secutive weeks under any Federal or 
State 
unemployment 
compensation 
law during such uninterrupted period, 
and 
‘‘(II) such uninterrupted period 
begins during the 1-year period begin-
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ning on the date of such veteran’s dis-
charge or release which is referred to 
in section 101 of title 38, United 
States Code, with respect to such vet-
eran.’’. 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to distributions made after the 
date of the enactment of this Act. 
Æ 
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