A bill to amend the Internal Revenue Code of 1954 to increase the dollar limit on the amount of compensation which may be deferred under State and local government deferred compensation plans and to provide that amounts deferred under such plans shall be included in income only when paid.

referredUnited States· United States Congress· EN

Introduced

1 August 1985

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to increase from $7,500 to $15,000 the amount of compensation which may be deferred under State and local government deferred compensation plans. Provides that amounts deferred under such plans shall be included in income only when paid.

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Votes

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 1 August 1985
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/99th-congress/house-bill/3208
Open data entity: https://api.congress.gov/v3/bill/99/hr/3208