HR 1119 · 104th Congress · Taxation

To amend the Internal Revenue Code of 1986 to revise the treatment of deferred compensation plans of State and local governments and tax-exempt organizations.

Introduced 1995-03-02· Sponsored by Rep. Ramstad, Jim [R-MN-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR E554)(1995-03-08)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an election to defer the commencement of distributions under deferred compensation plans of State and local governments and tax-exempt organizations. Provides a cost-of-living adjustment for the maximum deferral amount.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

12 Democrats8 Republicans