Senate bill · S. 5204 (119th Congress)
Amend the Internal Revenue Code of 1986 to exempt individual account plans from certain prohibited transaction rules
U.S. Senate
Sponsor: John Barrasso (U.S. Senator for Wyoming, Republican)
Official titleShow
A bill to amend the Internal Revenue Code of 1986 to exempt individual account plans from certain prohibited transaction rules.
The heading above is this same sentence with its legal opening removed. No words were added, changed or reordered.
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From Congress.gov and official rosters. This record was last updated Sep 7, 2026. About our data
Summary
This bill would amend the Internal Revenue Code to exempt individual retirement accounts from certain prohibited transaction rules while preserving self-dealing restrictions.
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Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Senate Committee on Finance · U.S. Senate
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Cosponsors
1
Cosponsors listed on Congress.gov, shown A to Z.
- Republican1
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Related bills
As identified by Congress.gov.
Full history
- Jul 30, 2026
Introduced
Introduced in U.S. Senate
U.S. Senate
- Jul 30, 2026
Referred to committee
Read twice and referred to the Committee on Finance. (text: CR S4390)
- Jul 30, 2026
Referred to committee
Read twice and referred to the Committee on Finance. (text: CR S4390)
- Jul 30, 2026
Referred to committee
Read twice and referred to the Committee on Finance. (text: CR S4390)
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.