1. Short title
This Act may be cited as the “Police and Fire Health Care Protection Act of 2020”.
Police and Fire Health Care Protection Act of 2020
A BILL
To amend the Internal Revenue Code of 1986 to repeal the direct payment requirement on the exclusion from gross income of distributions from governmental plans for health and long-term care insurance.
2. Repeal of direct payment requirement on exclusion from gross income of distributions from governmental plans for health and long-term care insurance
In general— Section 402(l)(5) of the Internal Revenue Code of 1986 is amended to read as follows:
“(5) Aggregation rule—For purposes of this subsection, all eligible retirement plans of an employer shall be treated as a single plan.”
Effective date— The amendment made by this section shall apply to distributions made after the date of the enactment of this Act.