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United States · Bill · S

S. 2480 (100th)

Public and Tax-Exempt Employees Deferred Compensation Act of 1988

referredUnited States· United States Congress· EN

Introduced

7 June 1988

Last action

7 June 1988 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Moynihan, Daniel Patrick [D-NY], Sen. Baucus, Max [D-MT], Sen. Cranston, Alan [D-CA], Sen. D'Amato, Alfonse [R-NY], Sen. DeConcini, Dennis [D-AZ], Sen. Durenberger, Dave [R-MN], Sen. Wilson, Pete [R-CA], Sen. Metzenbaum, Howard M. [D-OH], Sen. Heinz, John [R-PA], Sen. Riegle, Donald W., Jr. [D-MI], Sen. Ford, Wendell H. [D-KY], Sen. Simon, Paul [D-IL], Sen. Kasten, Robert W., Jr. [R-WI], Sen. McConnell, Mitch [R-KY], Sen. Stevens, Ted [R-AK], Sen. Burdick, Quentin N. [D-ND], Sen. Pryor, David H. [D-AR], Sen. Heflin, Howell [D-AL], Sen. Cochran, Thad [R-MS], Sen. Gore, Albert, Jr. [D-TN]

Subjects

Taxation

Source updated

28 August 2025

Taxation

Summary

Public and Tax-Exempt Employees Deferred Compensation Act of 1988 - Amends Internal Revenue Code accounting rules governing the year of inclusion of compensation deferred under qualified plans of State and local governments and of private tax-exempt organizations. Declares the rules to be inapplicable to both nonelective deferred compensation and basic employee benefits, including bona fide vacation plans, sick leave plans, sabbatical leave, and similar benefits.

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

Timeline

  1. 7 June 1988

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 7 June 1988

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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