[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5792 Introduced in House (IH)]

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116th CONGRESS
  2d Session
                                H. R. 5792

 To amend the Internal Revenue Code of 1986 to repeal the restrictions 
  on which designated beneficiaries may receive over the life of the 
  beneficiary the required distributions from a defined contribution 
                                 plan.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 6, 2020

  Mr. Posey introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to repeal the restrictions 
  on which designated beneficiaries may receive over the life of the 
  beneficiary the required distributions from a defined contribution 
                                 plan.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``SECURE Fix Act of 2020''.

SEC. 2. REPEAL OF MODIFICATIONS OF REQUIRED DISTRIBUTION RULES FOR 
              DESIGNATED BENEFICIARIES.

    (a) In General.--Section 401(a)(9) of the Internal Revenue Code of 
1986 is amended by striking subparagraph (H).
    (b) Conforming Amendment.--Section 401(a)(9)(E) of such Code is 
amended to read as follows:
                    ``(E) Designated beneficiary.--For purposes of this 
                paragraph, the term `designated beneficiary' means any 
                individual designated as a beneficiary by the 
                employee.''.
    (c) Effective Date.--The amendments made by this section shall take 
effect as if included in the enactment of section 401 of the Setting 
Every Community Up for Retirement Enhancement Act of 2019.
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