A bill to amend the Revenue Act of 1978 to continue the existing tax treatment of deferred compensation plans of tax-exempt organizations.

[AI summary unavailable — showing source text] Amends the Revenue Act of 1978 to qualify tax-exempt organizations for the rules governing the taxable year of inclusion of any amount covered by a private deferred compensation plans which were in effect prior to the issuance of proposed regulation by the Internal Revenue Service on February 3, 1978.…