S. 2505 would allow employees of a commercial passenger airline carrier who receive payments in a bankruptcy proceeding to roll over such payments into an individual retirement plan.

== Detailed Summary ==

<summary>
(Log in to edit the wikiAllows employees of commercial passenger airlines who receive payments from a bankruptcy case filed between September 11, 2001, and be the firstJanuary 1, 2007, as compensation for lost pension plan benefits to providerollover such payments into an individual retirement account (IRA), except for a detailed summary of the bill!)Roth IRA, without tax or tax penalty.
</summary>

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== Status of the Legislation ==

<status>
(Log inLatest Major Action: 12/18/2007: Referred to edit the wikiSenate committee. Status: Read twice and be the firstreferred to update the status of the bill!)Committee on Finance.
</status>

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== Points in Favor ==

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== Points Against ==

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