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Code · BILL · 115th Congress · H.R. 88 (EAH) — 115 HR 88 EAH: Retirement, Savings, and Other Tax Relief Act of 2018 · Sec. 205

Sec. 205. Qualified employer plans prohibited from making loans through credit cards and other similar arrangements

67 words·~1 min read·/bill/115/hr/88/eah/section-205

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Section 72(p)(2) is amended by redesignating subparagraph
(D)as subparagraph
(E)and by inserting after subparagraph
(C)the following new subparagraph: Notwithstanding subparagraph (A), paragraph
(1)shall apply to any loan which is made through the use of any credit card or any other similar arrangement. . The amendments made by subsection
(a)shall apply to loans made after the date of the enactment of this Act.
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