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.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Sponsor introductory remarks on measure. (CR E554)(1995-03-08)
Plain Language Summary
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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