To amend certain provisions of the FAA Modernization and Reform Act of 2012.

Bill: 113-hr-2591
Sponsor: Rep. Grimm, Michael G. [R-NY-11]
Introduced: 2013-06-28 in the House
Policy area: Taxation
Subjects: Aviation and airports
Bankruptcy
Employee benefits and pensions
Income tax deferral
Transportation employees

Summary:
action_date: 2013-06-28
text: 
Amends the FAA Modernization and Reform Act of 2012, with respect to rollovers to a traditional or Roth individual retirement account (IRA) of payments to qualified airline employees in commercial airline carrier bankruptcy cases, to: (1) extend the period for filing a claim for refund of an overpayment of tax resulting from the receipt of such payments (i.e., by the later of April 15, 2015, or the expiration of the limitation period for filing refund claims); (2) modify the definition of &quot;airline payment amount&quot; to include payments in an airline carrier bankruptcy case filed after September 11, 2001, and before January 1, 2007, or on November 29, 2011; and (3) modify the definition of &quot;qualified airline employee&quot; to include an employee who was a participant in a defined benefit plan maintained by an airline carrier that was frozen effective November 1, 2012.

action_date: 2014-12-11
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
Amends the FAA Modernization and Reform Act of 2012, with respect to rollovers to a traditional or Roth individual retirement account (IRA) of payments to qualified airline employees in commercial airline carrier bankruptcy cases, to: (1) extend the period for filing a claim for refund of an overpayment of tax resulting from the receipt of such payments (i.e., by the later of April 15, 2015, or the expiration of the limitation period for filing refund claims); (2) modify the definition of &quot;airline payment amount&quot; to include payments in an airline carrier bankruptcy case filed after September 11, 2001, and before January 1, 2007, or on November 29, 2011; and (3) modify the definition of &quot;qualified airline employee&quot; to include an employee who was a participant in a defined benefit plan maintained by an airline carrier that was frozen effective November 1, 2012.

action_date: 2014-12-13
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
Amends the FAA Modernization and Reform Act of 2012, with respect to rollovers to a traditional or Roth individual retirement account (IRA) of payments to qualified airline employees in commercial airline carrier bankruptcy cases, to: (1) extend the period for filing a claim for refund of an overpayment of tax resulting from the receipt of such payments (i.e., by the later of April 15, 2015, or the expiration of the limitation period for filing refund claims); (2) modify the definition of &quot;airline payment amount&quot; to include payments in an airline carrier bankruptcy case filed after September 11, 2001, and before January 1, 2007, or on November 29, 2011; and (3) modify the definition of &quot;qualified airline employee&quot; to include an employee who was a participant in a defined benefit plan maintained by an airline carrier that was frozen effective November 1, 2012.

action_date: 2014-12-18
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
Amends the FAA Modernization and Reform Act of 2012, with respect to rollovers to a traditional or Roth individual retirement account (IRA) of payments to qualified airline employees in commercial airline carrier bankruptcy cases, to: (1) extend the period for filing a claim for refund of an overpayment of tax resulting from the receipt of such payments (i.e., by the later of April 15, 2015, or the expiration of the limitation period for filing refund claims); (2) modify the definition of &quot;airline payment amount&quot; to include payments in an airline carrier bankruptcy case filed after September 11, 2001, and before January 1, 2007, or on November 29, 2011; and (3) modify the definition of &quot;qualified airline employee&quot; to include an employee who was a participant in a defined benefit plan maintained by an airline carrier that was frozen effective November 1, 2012.


Legislative actions:
action_date: 2014-12-18
text: Became Public Law No: 113-243.
action_date: 2014-12-18
text: Became Public Law No: 113-243.
action_date: 2014-12-18
text: Signed by President.
action_date: 2014-12-18
text: Signed by President.
action_date: 2014-12-16
text: Presented to President.
action_date: 2014-12-16
text: Presented to President.
action_date: 2014-12-15
text: Message on Senate action sent to the House.
action_date: 2014-12-13
text: Passed Senate without amendment by Unanimous Consent. (consideration: CR S6819)
action_date: 2014-12-13
text: Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S6819)
action_date: 2014-12-12
text: Received in the Senate, read twice.
action_date: 2014-12-11
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2014-12-11
text: On passage Passed without objection. (text: CR H9292)
action_date: 2014-12-11
text: Passed/agreed to in House: On passage Passed without objection.(text: CR H9292)
action_date: 2014-12-11
text: Considered by unanimous consent. (consideration: CR H9292)
action_date: 2014-12-11
text: Committee on Ways and Means discharged.
action_date: 2014-12-11
text: Committee on Ways and Means discharged.
action_date: 2014-12-11
text: Mr. Brady (TX) asked unanimous consent to discharge from committee and consider.
action_date: 2013-06-28
text: Referred to the House Committee on Ways and Means.
action_date: 2013-06-28
text: Introduced in House
action_date: 2013-06-28
text: Introduced in House

Enacted as: number: 113-243