H.R.154: To amend the Internal Revenue Code of 1986 to require governmental deferred compensation plans to maintain set asides for the exclusive benefits of participants.

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about taxation
  • Introduced Jan. 7, 1997
  • Latest Major Action Jan. 7, 1997

Bill Summary

Amends the Internal Revenue Code to require deferred compensation plans of State and local governments to hold all assets and income in trust for the exclusive benefit of participants and their beneficiaries.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Jan. 7, 1997

Introduced in the House by Eliot L. Engel (D-N.Y.)

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