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S. 380

BillFederalSenateIn Committee
Correctional Officer Fairness Act of 2015
About This Bill
Committee
Latest Action · February 5, 2015
Read twice and referred to the Committee on Finance.
Congress
114th (2015–2017)
Introduced
February 5, 2015
Cosponsors (2)
1D 1R
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Summary

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Correctional Officer Fairness Act of 2015 Amends the Internal Revenue Code to exempt from the 10% additional tax on early distributions from tax-exempt retirement plans distributions from a thrift savings fund to a qualified federal correctional officer who has reached age 50 or has completed 25 years of credible service, whichever is earlier. Defines "qualified federal correctional officer" as an individual who is employed by the Federal Bureau of Prisons as a correctional officer and has completed 20 years of creditable service.

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