Congress: 110th

Sponsor: Senator Schumer, Charles E. (07/17/2008)

Committees: Senate - Finance

Description: A bill to amend the Internal Revenue Code of 1986 to provide that no loan may be made from a qualified employer plan using a credit card or other intermediary and to limit the number of loans that may be made from a qualified employer plan to a participant or beneficiary.

Lastest Action: 07/17/2008 Read twice and referred to the Committee on Finance.  (All Actions)

Official: S.3278 -- 110th Congress