United States · Bill · S
S. 196 (106th)
A bill to amend the Internal Revenue Code of 1986 to waive in the case of multiemployer plans the section 415 limit on benefits to the participant's average compensation for his high 3 years.
Introduced
19 January 1999
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
14 January 2025
Summary
Amends the Internal Revenue Code to exempt multiemployer pension plans from provisions which limit pension benefits to a participant's average compensation for the participant's three highest consecutive years of compensation.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 19 January 1999
Introduced in Senate (PDF)
Introduced in Senate · EN · 19 January 1999
Introduced in Senate
summary · EN · 19 January 1999
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/106th-congress/senate-bill/196
- Open data entity: https://api.congress.gov/v3/bill/106/s/196