To amend the Internal Revenue Code of 1986 to provide that the actual deferral percentage test shall not apply in determining whether an arrangement for restaurant employees is a qualified cash or deferred arrangement.

Summary

Amends the Internal Revenue Code to establish a special rule that the actual deferral percentage test (for determining whether an arrangement is a qualified cash or deferred arrangement) does not apply if substantially all of the employees eligible to benefit from the arrangement are restaurant employees.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 13 March 1997

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• Introduced in House (PDF)

  Introduced in House · EN · 13 March 1997

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• Introduced in House

  summary · EN · 13 March 1997

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