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United States · Bill · S

S. 1232 (104th)

A bill to amend the Internal Revenue Code of 1986 to exclude length of service awards to volunteers performing fire fighting or prevention services, emergency medical services, or ambulance services from the limitations applicable to certain deferred compensation plans, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

12 September 1995

Last action

12 September 1995 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. D'Amato, Alfonse [R-NY], Sen. Cochran, Thad [R-MS]

Subjects

Taxation

Source updated

14 January 2025

Taxation

Summary

Amends the Internal Revenue Code with respect to deferred compensation plans to treat length of service award plans for bona fide volunteers as not providing for the deferral of compensation. Specifies such volunteers as those providing fire fighting and prevention services, emergency medical services, and ambulance services. Exempts such deferred amounts from social security taxes.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 12 September 1995

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 12 September 1995

    Introduced

    Sponsor introductory remarks on measure. (CR S13473-13474)

    Source: IntroReferral

  3. 12 September 1995

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 12 September 1995

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 12 September 1995

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 12 September 1995

    Open at official source

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Sponsors

Related records

Sources

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