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United States · Bill · HR

H.R. 3215 (97th)

A bill to amend the Internal Revenue Code of 1954 to permit the 10-year averaging of lump-sum distributions from deferred compensation plans of State and local governments.

openUnited States· United States Congress· EN

Introduced

10 April 1981

Last action

Status

Executive Comment Requested from Treasury.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to impose a separate tax on the lump-sum distributions of State and local government deferred compensation plans and to allow a deduction for the amount of any such distribution.

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Documents

1 official file

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