MODIFICATION OF RULES GOVERNING HARDSHIP DISTRIBUTIONS.

SEC. 41113. [26 U.S.C. 401 note] MODIFICATION OF RULES GOVERNING HARDSHIP DISTRIBUTIONS. (a) In General Not later than 1 year after the date of the enactment of this Act, the Secretary of the Treasury shall modify Treasury Regulation section 1.401(k)–1(d)(3)(iv)(E) to— (1) delete the 6-month prohibition on contributions imposed by paragraph (2) thereof, and (2) make any other modifications necessary to carry out the purposes of section 401(k)(2)(B)(i)(IV) of the Internal Revenue Code of 1986. (b) Effective Date The revised regulations under this section shall apply to plan years beginning after December 31, 2018.