H.R.1119: 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.

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about taxation
  • Introduced March 2, 1995
  • Latest Major Action March 8, 1995

Bill Summary

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.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure.
March 2, 1995

Introduced in the House by James M. Ramstad (R-Minn.)

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