H.R.4741: To amend the Internal Revenue Code of 1986 to permit 401(k) contributions which would otherwise be limited by employer contributions to employee stock ownership plans.

About This Bill

Bill Summary

Amends the Internal Revenue Code to permit employers to make contributions to employees' 401(k) plans regardless of employer contributions to employee stock ownership plans.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Ways and Means.
Oct. 8, 1998

Introduced in the House by Philip M. Crane (R-Ill.)

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