HR 5289 · 97th Congress · Taxation

A bill to provide that the Federal tax rules applicable to certain private deferred compensation plans shall apply to deferred compensation plans of tax-exempt organizations.

Introduced 1981-12-16· Sponsored by Rep. Guarini, Frank J. [D-NJ-14]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-12-16)

Plain Language Summary

[AI summary unavailable — showing source text] Requires that the taxable year of inclusion in gross income of any amount covered by a nonqualified deferred compensation plan maintained by a tax-exempt organization be determined in accordance with principles applicable to deferred compensation plans maintained by other private organizations.…

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