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- S.2722
S.2722: Executive Compensation Tax Reform Act of 2002
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced July 11, 2002
- Latest Major Action July 11, 2002
Bill Sponsor
Bill Summary
Executive Compensation Tax Reform Act of 2002 - Repeals provision of the Revenue Act of 1978 which limits the Secretary of the Treasury's authority to determine the taxable year of inclusion in gross income of amounts under private deferred compensation plans.Amends the Internal Revenue Code to classify a loan by an employer to an employee as compensation unless it meets specified requirements, including that it is evidenced by a promissory...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| July 11, 2002 |
Introduced in the Senate by John D. Rockefeller IV (D-W.Va.) |