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.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: 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