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Provide for reconciliation pursuant to title II of H. Con. Res. 14Section 70414 › Proposal

The changes reach money taken out after this law passed

To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 70414, Sec. 70414. Written by .

The changes reach money taken out after this law passed

The document says “shall applyWho acts: Secretary of the TreasuryHow: statuteSec. 70414 in the PDF
What the document says

“The amendments made by this section shall apply to distributions made after the date of the enactment of this Act.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70414

The section applies its amendments to distributions made after the date of enactment.

What the document actually says

“The amendments made by this section shall apply to distributions made after the date of the enactment of this Act.”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 70414
That sentence, in plain words

The changes reach money taken out after this law passed.

What this is about

Money taken out before then is not touched. The old rules still hold for it. The date is the day this law passed.

No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.

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The quotation is the document's own words, exactly as printed, and we check the page number against the Act itself before publishing. The paragraph underneath is our summary, not the document's words. So is the plain English version, which is why it sits beside the quotation rather than replacing it.

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